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Macarthur digs sweetened Peabody, Arcelor bid

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Macarthur digs sweetened Peabody, Arcelor bid

E
euronews (in English)

24 Views • Aug 30, 2011

Description

Australia's Macarthur Coal has accepted an improved 3.6 billion euros takeover offer from top US mining company Peabody Energy and the world's biggest steelmaker ArcelorMittal. It is the latest in a series of coal deals in Australia, with firms - particularly from China and India - snapping up mines best positioned to feed booming demand from Asian steel mills. ... http://www.euronews.net/

Keywords & Tags

#Mining #Australia #Macarthur #euronews #bid #sweetened #Peabody #digs #Arcelor #economy

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