Singapore-listed Noble Group has bought an equity stake in Austral Coal which will consolidate the group’s expanding influence in the energy sector. The Hongkong-headquartered group said it paid U$11.5 million under a two tranche subscription for up to 8.93% of the company on a fully diluted basis — making Noble the largest single shareholder of…
AUSTRALIA: Noble Group takes stake in Austral Coal
Posted on January 13, 2004 by EnergyAsia