Coal M&As Reach Record in Australia
Investing News Network - December 20th, 2011
Bloomberg reported that a record number of mergers and acquisitions of coal companies has reduced potential takeover targets in Australia.
Bloomberg reported that a record number of mergers and acquisitions of coal companies has reduced potential takeover targets in Australia.
As quoted in the market news:
Rising demand in China and India has pushed mergers and acquisitions globally to a record $34.5 billion this year, with 192 companies acquired, compared with $30.3 billion last year.