(EnergyAsia,  July 13 2011, Wednesday) — US Peabody Energy and Luxembourg steel maker ArcelorMittal SA said they have jointly proposed to the board of Australia’s Macarthur Coal Ltd (MCC) to acquire all its shares for a total of A$4.7 billion. (US$1=A$0.94).A newly-formed company, owned 60% by Peabody and 40% by ArcelorMittal, has proposed to pay…

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