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Peabody and Arcelor target Macarthur Coal

Source: Financial Times, 11th July 2011

Peabody Energy of the US has joined forces with steelmaker ArcelorMittal to make a A$4.7bn (US$5bn) bid for Macarthur Coal, the Australian coal miner that was at the centre of a failed three-way bid battle last year.



Read the full article on FT.com

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