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Universal Coal advises shareholders to accept CoAL takeover offer

The independent directors of ASX-listed coal miner and takeover target Universal Coal have recommended that its shareholders accept the takeover offer as proposed by Coal of Africa Limited (CoAL). The Independent Directors intend to do...

Universal Coal receives another takeover offer

South African coal miner Universal Coal has been approached with another unsolicited takeover offer on Monday. The latest offer – a written confidential, nonbinding, indicative and conditional proposal – received by the company’s independent directors is...

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