Artikel tagged ‘ArcelorMittal’
ArcelorMittal accepts the PEAMCoal offer for Macarthur Coal and terminates the contribution and co-operation agreement. ArcelorMittal to remain a shareholder of PEAMCoal for a further 90 days. Unconditional PEAMCoal offer for Macarthur remains on track.
CITIC Resources Holdings limited (CRH) and CITIC Group to accept offer for Macarthur Coal takeover. With these acceptances, PEAMCoal will control more than 49% of Macarthur Coal shares. Upon reaching 50.01% acceptances, PEAMCoal will obtain control of Macarthur. Offer price of A$16.00 per share to increase to A$16.25 per share if 90% compulsory acquisition threshold is reached. Offer extended to 11 November 2011 and payment terms accelerated to 10 days.
Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today announced they have received clearance from the Ministry of Peabody energy and ArcelorMittal receive final regulatory clearance to proceed with Macarthur Coal takeover. Commerce of the People’s Republic of China (MOFCOM) to proceed with the A$16.00 per share cash offer for all outstanding shares of Macarthur Coal Ltd (ASX: MCC).



