Universal Coal

CoAL revealed as Universal Coal takeover suitor

South African coal miner Universal Coal on Thursday revealed that Coal of Africa (CoAL) is the rival suitor bidding against IchorCoal. In its takeover offer, CoAL...

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...

Universal Coal acquires Exxaro’s Arnot South coal mine

South African coal miner Universal Coal has entered into a sale of prospecting right agreement with South African coal major Exaaro to acquire the...

Universal Coal reiterates ‘take no action’ request, opens data room for...

South African coal miner Universal Coal reiterated its take no action advisory to its shareholders on Thursday after IchorCoal tabled its takeover offer the...

IchorCoal makes its offer to Universal Coal shareholders

Following initial bid delays, IchorCoal on Wednesday provided its offer document in relation to its cash offer for the entire issued and to be...

Universal Coal considers rival bid following IchorCoal bid delay

ASX-listed South African coal miner Universal Coal has been approached by another bidder following its announcement to shareholders to take no action on the...

Universal Coal says IchorCoal takeover offer inadequate

ASX-listed South African coal miner Universal Coal has advised its shareholders to take no action with regards to an indicative takeover offer from major...

Universal Coal completes NCC acquisition, on track to multi-mine production status

Universal Coal, the ASX-listed coal junior in South Africa is on track to elevate its status from single mine operator to multi-mine coal producer...

Universal Coal rejects IchorCoal’s unsolicited acquisition intention

ASX-listed, South African coal miner Universal Coal’s major shareholder IchorCoal N.V. has revealed it will make an unsolicited bid for the company. In acknowledgement of...

IchorCoal, Universal Coal major shareholder increases stake further

IchorCoal N.V., a major shareholder in ASX-listed coal junior Universal Coal, has increased its holding of ordinary shares in the company from 18.51% to 29.99%. Universal...

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