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.

Bhushan makes bid for Bowen Bhushan makes bid for Bowen Bhushan makes bid for Bowen Bhushan makes bid for Bowen 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

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