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You are here: Home Archive 2005 Mar 03 Coal companies plan merger

Coal companies plan merger

by Obsidian last modified Mar 03, 2005 12:00 AM

Austral Coal and Centennial plan to merge in the near future.

Full details of the plan have not been released but Centennial Coal's half- year results include a reference to the merger.

Centennial said Austral shareholders will be offered 10 Centennial shares for every 37 Austral shares they own.

Austral managing...

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