M&A

Macarthur makes its move

MACARTHUR Coal has launched a takeover of fellow Australian producer Gloucester Coal at $A8.16 per share in a bid to create Australia's leading independent coal company.

Angie Tomlinson

Macarthur makes its move

If successful, Macarthur Coal will emerge with a market capitalisation of $3.4 billion, control of six operating mines and an impressive reserve and resource base across three coal basins and two states....

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