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$5B deal for Australian coal company long awaited

News Talk 990 AM WNTP | August 31, 2011 | 3:34 am Energy Australia Europe Coal 

The deal for Peabody Energy, the world’s biggest private-sector coal company, and a partner to buy Australia’s Macarthur Coal for more than $5 billion concludes more than a year of pursuit and continues widespread consolidation in that energy sector.

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