Peabody, Arcelor Secure Citic Backing, Control 49% Of Macarthur
2011年10月21日 - 7:59AM
Dow Jones News
The world's largest private coal miner and steelmaker by output
Peabody Energy Corp. (BTU) and ArcelorMittal (MT), are on the brink
of securing control of Australian coking coal miner Macarthur Coal
Ltd. (MCC.AU), after securing the backing of the company's largest
shareholder CITIC Group.
The Chinese state-owned investment body said it would accept the
offer within the next 24 hours.
CITIC subsidiaries control around 25.2% of Macarthur shares,
bringing the takeover partners to over 49% of Macarthur shares, the
companies said in a statement.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689;
david.fickling@dowjones.com
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