(EnergyAsia, September 13 2011, Tuesday) — Thai coal miner Banpu PCL has made a A$423 million cash offer to acquire the remaining 88% stake in Australia’s Hunnu Coal Ltd that it does not yet own, the two companies said. (US$1=A$0.95).At A$1.80 a share, the offer price represents a 30% premium over the A$1.385 that Hunnu…
AUSTRALIA: Thailand’s Banpu offers to acquire rest of Hunnu Coal for A$1.80 a share
Posted on September 13, 2011 by EnergyAsia