Gloucester Coal Ltd.

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gloucester coal ltd. and xstrata plc. - All News and Analysis

• BREAKFAST DEALS: China billion

  BNET - 2009-08-11

  Lunch isn't just for wimps. Check out LUNCH DEALS for more wheels and deals later today. China hasn't completely turned off Australia, with rumours of China Investment Corporation buying a $1 billion convertible note in Fortescue following its investment in Goodman Group. Also, Rio Tinto's Stern Hu is expected to...

  Tags: rumour, Rio Tinto, coal, Westpac Banking Corp.

• Xstrata Coal bid defeated.

  - 2007-07-05

  Byline: Jamie Freed Jul 05, 2007 (The Age - ABIX via COMTEX) -- Xstrata Coal has failed in its $391m bid for Australian-listed Gloucester Coal. Just 45 per cent of the takeover target's shareholders voted in favour of the scheme of arrangement, well short...

  Tags: Gloucester Coal Ltd., Xstrata Plc.

• Targeted coalminer to seek new chief.

  - 2007-07-05

  Byline: Stephen Wisenthal Jul 05, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Shareholders in Gloucester Coal have rejected Xstrata Coal's $A391m takeover bid. This is despite the board's recommendation that they accept the offer of $A4.75 a share. Hong Kong's Noble...

  Tags: Gloucester Coal Ltd., Noble Group Ltd., Xstrata Plc.

• Xstrata bid for Gloucester rejected.

  - 2007-07-05

  Byline: Andrew Trounson and Kevin Andrusiak Jul 05, 2007 (The Australian - ABIX via COMTEX) -- On 5 July 2007, shareholders of Australian-listed Gloucester Coal rejected a $A391 million takeover offer from Xstrata. This was expected as rival commodity trading companies, Noble Group and...

  Tags: Gloucester Coal Ltd., Xstrata Plc.

• Gloucester votes no on Xstrata.

  - 2007-07-05

  Byline: Jamie Freed Jul 05, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Xstrata Coal has failed in its $391m bid for Australian-listed Gloucester Coal. Just 45 per cent of the takeover target's shareholders voted in favour of the scheme of arrangement,...

  Tags: Gloucester Coal Ltd., Xstrata Plc.

• Gloucester to vote on Xstrata as other bidders wait in wings.

  - 2007-07-04

  Byline: Andrew Trounson Jul 04, 2007 (The Australian - ABIX via COMTEX) -- Gloucester Coal shareholders are meeting in Sydney on 5 July 2007, and are expected to reject Xstrata's takeover bid. It remains unclear in July 2007 whether the Hong Kong-based commodity and...

  Tags: Gloucester Coal Ltd., Xstrata Plc.

• Noble seeks to block offer for Gloucester.

  - 2007-06-27

  Byline: Michael Vaughan Jun 27, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Noble Group has paid $A21.5 million to boost its interest in Australian-listed Gloucester Coal by approximately six per cent. The move, which makes Noble the largest investor in the...

  Tags: Gloucester Coal Ltd., Noble Group Ltd., Xstrata Plc.

• Noble tipped as spoiler in Xstrata coal play.

  - 2007-06-26

  Byline: Jamie Freed Jun 26, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Noble Group is suspected of having purchased a blocking stake in Australian-listed Gloucester Coal. The $A391 million bid for Gloucester by Xstrata seems likely to fail. Some 12 of...

  Tags: Gloucester Coal Ltd., Noble Group Ltd., Xstrata Plc.

• THIS MONTH IN COAL: Xstrata Coal Makes an Offer for Gloucester Coal

  - 2007-06-01

  Xstrata Coal announced that it has entered into an agreement to acquire Gloucester Coal Ltd. for A$391 million. Gloucester Coal's operations further extend the life of Xstrata's New South Wales mines, with good potential to add to the resource and reserve base through near-mine exploration and further resource conversion. "Our...

  Tags: Gloucester Coal Ltd., Xstrata Plc.

• Xstrata launches takeover bid for Gloucester Coal

  - 2007-05-01

  Xstrata Coal, the world's largest producer of export thermal coal, launched a $391-million takeover for Gloucester Coal to extend the life of its New South Wales NSW operations.Xstrata Coal chief executive Peter Coales said there were unique synergies associated with a marriage between the two companies,"Gloucester Coal's operations further extend...

  Tags: Gloucester Coal Ltd., Xstrata Plc.