Australia’s Whitehaven expects takeover bids in early Feb

- January 27th, 2011

Reuters.com reports that Whitehaven Coal (ASX:WHC) states that it will likely begin receiving takeover bids in the coming weeks

Reuters.com reports that Whitehaven Coal (ASX:WHC) states that it will likely begin receiving takeover bids in the coming weeks.

The story is quoted as saying:

Whitehaven, which launched a formal process to find a buyer in October, said on Thursday it had signed confidentiality agreements with a number of interested parties ahead of a deadline for indicative bids in early February.

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