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    coal investing

    Anglo American Said to Weigh Counterbid to Peabody’s Macarthur Coal Offer

    Investing News Network
    Aug. 19, 2011 09:08AM PST
    Industrial Metals

    Bloomberg reported that Anglo American (LON:AAL) is considering a bid for Macarthur Coal (ASX:MCC).

    Bloomberg reported that Anglo American (LON:AAL) is considering a bid for Macarthur Coal (ASX:MCC).

    The market news is quoted as saying:

    Anglo American, part owner of the world’s biggest platinum and diamond producers, is studying Macarthur’s finances, said one of the people, who declined to be identified as the talks are private.

    To read the full market news, click here.

    coal investinglon:aalasx:mcc
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