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Waratah backs sweetened bid

WARATAH Coal has recommended shareholders accept a revised $C103 million ($A130 million) bid from privately owned suitor Mineralogy.

MiningNews.Net
Waratah backs sweetened bid

The Australia-based dual-listed coal miner accepted a sweetened $C1.60 per share bid from Mineralogy, a 13.5% premium to Mineralogy's original offer price of $1.41 per share which the company rejected...

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