Banpu bids $477m for Perth's Hunnu Coal
Investors in one of Perth's top stockmarket floats of 2010 are set to reap a spectacular return after Thai coal miner Banpu Public Company today announced a friendly $477 million takeover offer for Hunnu Coal.
Hunnu is one of several Australian companies to have attracted keen interest after acquiring a number of coal development projects in Mongolia, which has become an investor hot spot.
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