Mid-cap miners combined make a tasty target
A proposed merger of mid-cap coal miners Whitehaven Coal and Aston Resources is expected to create the perfect target for foreign buyers wanting to enter Australia’s rapidly consolidating coal sector.
A proposed merger of mid-cap coal miners Whitehaven Coal and Aston Resources is expected to create the perfect target for foreign buyers wanting to enter Australia’s rapidly consolidating coal sector.
Coal industry veteran Bob Cameron , the non-executive chairman of Thai-owned producer Centennial Coal, said there were few remaining ASX-listed takeover targets that would give buyers a meaningful presence in the Australian coal market.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles