ArcelorMittal buys $600 mln Macarthur Coal stake (Reuters)

[riky]

ArcelorMittal buys $600 mln Macarthur Coal stake
    (Reuters)

 

Reuters - ArcelorMittal , the world's top
steel maker, is in talks with Australia's Macarthur Coal after
buying a 15 percent stake in the company, setting up a possible
bidding war for the A$4.4 billion group and pushing its shares
up 14 percent.


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