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Peabody’s $4.7 billion takeover of Macarthur clears final regulatory hurdle

Frik Els | October 13, 2011 | 9:30 pm Energy Australia China Europe Coal 

St. Louis Business Journal reports Peabody Energy on Thursday received clearance from the Ministry of Commerce of the People’s Republic of China to proceed with its and ArcelorMittal’s $4.7 billion takeover bid for Macarthur Coal Ltd. in Australia. The Macurthur...

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