M&A

Rival emerges for Stanmore

WINFIELD Group Investments has entered the battle for control of Queensland coal peddler Stanmore Coal, lobbing an indicative premium cash offer that values the miner at between A$390 million and $442 million.

Stanmore is attracting interest.

Stanmore is attracting interest.

Stanmore has been engaged in fighting off a tilt by Indonesian investor Golden Energy and Resources, which failed in a 95c takeover offer last year and recently tabled a spill motion requesting the miner's...

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