M&A

Peabody ups Excel bid

US COAL giant Peabody Energy upped its bid for Australian miner Excel Coal overnight to $A9.50 pe...

MiningNews.Net

Peabody had entered a merger implementation agreement on July 6 to buy Excel for $8.50 per share, but today's offer comes amid rumours a counter-bid could be on the cards. According to a Sydney Morning...

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