Whitehaven Coal Says It Received Formal Takeover Proposals

Bloomberg reported that there are several takeover offers for Whitehaven Coal (ASX:WHC).

The market news is quoted as saying:

Whitehaven, which has a market value of A$3.5 billion ($3.7 billion), on Oct. 29 said it allowed interested parties to study its books and submit proposals for a takeover.

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