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Kangaroo Resources had been collaborating with suitor PT Bayan on the development of a series of coal concessions in Indonesia. Photo: Kangaroo Resources

Indonesian group cleared to acquire Kangaroo Resources

Indonesian coal mining group PT Bayan will pay $226 million to acquire the remaining shares in ASX-listed coal play Kangaroo Resources it does not already own, after the Supreme Court of Western Australia approved the takeover deal.

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