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Macarthur closer to consolidation

THE Foreign Investment Review Board has approved Macarthur Coal's $600 million-plus takeover offer for Gloucester Coal, which is expected to close in early May.

Blair Price
Macarthur closer to consolidation

Macarthur is also cleared to acquire Noble Group’s 25.34% stake in Middlemount Coal, which will give the Queensland coal producer full ownership of the Middlemount open cut mine. Macarthur’s offer to...

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