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Xstrata makes $391m bid for Gloucester

MINING giant Xstrata Coal yesterday emerged as the secret bidder for Gloucester Coal, putting for...

MiningNews.Net
Xstrata makes $391m bid for Gloucester

The cash offer of $A4.75 per share has been unanimously recommended by the Gloucester Coal board of directors, who have cited a “unique synergy potential” with Xstrata’s existing NSW coal operations. ...

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