Macarthur Coal receives $5.1B Proposal

Yahoo - Radio Industry News - on 8/7/11

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[ Bloomberg Loading... companies bloomberg-television ] - ArcelorMittal Loading... companies arcelor-mittal (MT) and Peabody Energy Loading... companies peabody-energy Corp. (BTU) made a cash takeover bid for Macarthur Coal Ltd. (MCC), valuing the world’s biggest exporter of pulverized coal used by steelmakers at A$4. Read more

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Summary

[Bloomberg ] - ArcelorMittal (MT) and Peabody Energy Corp. (BTU) made a cash takeover bid for Macarthur Coal Ltd. (MCC), valuing the world’s biggest exporter of pulverized coal used by steelmakers at A$4. 7 billion ($5. 1 billion).

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Peabody Energy, Marylebone Cricket Club, Bloomberg L.P., Steelmaking, Arcelor-Mittal, Bloomberg Television

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