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Corporate activity reaches coal sector

US COAL giant Peabody Energy has entered a merger implementation agreement to buy Australian prod...

Angie Tomlinson
Corporate activity reaches coal sector

Since its debut on the ASX in May 2004, Excel Coal has enjoyed a fairytale rise, listing at $A2 and closing yesterday at $A8.40. Under Peabody’s merger implementation agreement it will pay $A8.50 cash...

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