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CoAL launches A$126.4m competing bid for Universal Coal

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CORPORATE ACTIVITY
South Africa-focused coal miner Universal Coal on Thursday revealed that Coal of Africa (CoAL) is the suitor offering a competing bid to that of IchorCoal. CoAL has formally launched its takeover offer, which values Universal at about A$126.4-million.
 
 
 
 
 

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