Stanmore the subject of unsolicited takeover bid

QUEENSLAND miner Stanmore Coal has received an unsolicited A$240 million takeover bid.

Stanmore the subject of unsolicited takeover bid Stanmore the subject of unsolicited takeover bid Stanmore the subject of unsolicited takeover bid Stanmore the subject of unsolicited takeover bid Stanmore the subject of unsolicited takeover bid

Isaac Plains

Indonesian coal giant Golden Energy and Resources and Ascend Global Investment Fund have offered 95c per share, a 14.4% premium to Friday's closing price.