potential bid for valley longwall

--Robin Levison, chief executive of mining equipment supplier Industrea (IDL.AX), yesterday confirmed that it would consider bidding for rival supplier Valley Longwall, which is being sold by private equity group Catalyst Investment Managers. However, Mr Levison said Industrea did not see Valley as a "must-have," and would only bid at an attractive price. Catalyst purchased Valley in 2007 for A$250 million. Page 49.


http://www.reuters.com/article/idUSSGE68R0MT20100928?type=marketsNews