Whitehaven and Aston Agree to Merger

- December 12th, 2011

Mining Weekly reported that Whitehaven Coal (ASX:WHC) and Aston Resources (ASX:AZT) have reached an agreement on their pending merger.

Mining Weekly reported that Whitehaven Coal (ASX:WHC) and Aston Resources (ASX:AZT) have reached an agreement on their pending merger.

As quoted in the market news:

Aston shareholders would receive 1.89 Whitehaven shares for each Aston share held, following the distribution of a fully franked special dividend of 50c a share to existing Whitehaven shareholders.

Click here to read the full Mining Weekly report.

Get the latest Coal Investing stock information

Get the latest information about companies associated with Coal Investing Delivered directly to your inbox.

Coal Investing

Tags

Leave a Reply