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CoAL settles another condition in Universal bid

By:  
Creamer Media Senior Deputy Editor
 
CORPORATE ACTIVITY
Triple-listed Coal of Africa Limited (CoAL) has satisfied another condition of its proposed acquisition of ASX-listed Universal Coal after obtaining a green light from Investec Bank. The coal miner had received written consent from the bank, in its capacity as lender, arranger and facility agent, for the implementation of the offer.
 
 
 
 
 

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