Hmmm.. will MLM receive $600-700 for their stake in MTE as touted below? That's about $5 cash/MLM share if the bandied figure is true.
BANGALORE: Three top Indian companies, including Reliance Power, Aditya Birla Group's Essel Mining and the RPG Group, have been shortlisted for final round discussions to buy a strategic stake in Australian coal mining firm, MetroCoal. The Australian company plans to raise $600-700 million from the sale.
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