re: Ann: Drilling begins at Solenker Epitherm... Mongolia coal sector still hot...
Banpu Said to Have Approached Hunnu Shareholders: AFR
2011-09-09 06:26:31.539 GMT
By Victoria Batchelor
Sept. 9 (Bloomberg) -- Banpu is understood to have approached large shareholders of Hunnu Coal about a takeover deal at least 25% higher than last closing price, Aust.
Financial Review reported in Street Talk column, without saying where it got the information.
* Deal may value Hunnu at A$375m, AFR reported
* NOTE: Hunnu shares halted from trading on ASX earlier
pending ?significant corporate transaction?
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