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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Macar Coal Fpo | ASX:MCC | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From May 2019 to May 2024
Peabody Energy Corp.'s (BTU) A$4.9 billion bid for Australian coking coal miner Macarthur Coal Ltd. (MCC.AU) is inches away from completion Monday, after the world's largest private-sector coal miner said it has acquired 87.8% of the shares in Macarthur.
The move gets Peabody within reach of the 90% level at which it can forcibly buy out remaining minority shareholders in Macarthur and the offer price rises automatically to A$16.25 a share from A$16.00/share.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com
1 Year Macarthur Coal Chart |
1 Month Macarthur Coal Chart |
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