US coal giant Peabody Energy has raised its bid for Macarthur Coal to $14 a share, up from a $13 bid lobbed last week and valuing the company at $3.6 billion.
http://www.theaustralian.com.au/business/mining-energy/peabody-energy-increases-bid-for-macarthur-coal/story-e6frg9e6-1225850401585
