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US firm buys half of Tinkler's stake in Whitehaven Coal

Kerry Hall | June 19, 2013 | 2:14 am Energy Australia Coal 

American investment firm Farallon Funds bought half of former Australian billionaire Nathan Tinkler's stake in Whitehaven Coal (ASX: WHC)  for $A300 million on Wednesday. Farallon received 101 million shares, or 9.91%, in the deal which adds onto it's current 5.1% interest...

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