'Tentative Approach' for Uk Coal

Summary


The UK's biggest coal producer is at the centre of takeover speculation after it confirmed it had received a "highly- preliminary" approach.

UK Coal - the loss-making owner of seven deep mines, including Daw Mill near Atherstone - received details of the interest "some weeks ago" but said it had heard nothing since then.

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Extract


'Tentative Approach' for Uk Coal

The statement from the company, which acquired the former assets of British Coal, was in re...

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