CAPITAL MARKETS

Bhushan makes bid for Bowen

ANOTHER Indian coal mining giant has made a grab for Queensland coal assets with Bhushan Steel making an $A8.6 million on-market takeover offer for exploration group Bowen Energy.

Lau Caruana
Bhushan makes bid for Bowen

Bhushan’s offer for Bowen, which comes on the heels of the $500 million acquisition by Indian giant Adani of Linc Energy’s tenements in Queensland’s Galilee Basin, will give Bhushan a strategic entry into...

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