PEAMCoal’s Macarthur deal to close Oct. 28
Oct 13, 2011 | 01:38 PM
| Lisa Gordon
PITTSBURGH An offer to buy all the shares of Australia-based Macarthur Coal Ltd. is expected to close Oct. 28, with the buyer urging shareholders to sell their stock.
PEAMCoal Pty Ltd., a joint venture formed by St. Louis-based Peabody Energy Corp. and Luxembourg-based ArcelorMittal SA to take over the worlds largest producer of seaborne, low-volatility pulverized coal, is offering Australian....
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