Peabody Energy (NYSE: BTU) today announced that it has completed the acquisition of all outstanding shares in Macarthur Coal Limited and holds 100 percent of the company.
According to a source close to the deal, Chinese-controlled Yancoal Australia has approached Gloucester Coal with a plan to merge their neighbouring coal assets in Australia.
Chiquita has denied that it's boycotting Canada’s oilsands as a fuel source for shipping its fruit. Instead, the company said it’s just expressing a “preference for fuels with lower than normal greenhouse gas footprints wherever possible.” ...