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?
HUN Price at posting:
$1.39 Sentiment: ST Buy Disclosure: Not Held
