New Offer May Come This Week
The Australian Financial Review’s Street Talk column reported in its Wednesday edition that Noble Group Ltd may be preparing to make a new approach to Macarthur Coal as early as this week.
Last week Noble saw a deal rejected by its shareholders in which it would have become the largest shareholder in Macarthur.
Macarthur is currently in talks with US miner Peabody Energy Corp., which has made a A$4.1 billion cash offer for the company.
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