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RR1:AU
Rights Issue and Shortfall
Whitehaven Coal Says It Received Formal Takeover Proposals
Apr. 13, 2011 07:05AM PST
Industrial MetalsBloomberg reported that there are several takeover offers for Whitehaven Coal (ASX:WHC).
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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