Fox News / Dow Jones Newswires: Banpu Acquires 90.2% Stake in Australia’s Hunnu Coal

Thailand coal miner Banpu has acquired a 90.19% stake of Australian-listed Hunnu Coal Ltd. and 100% of Hunnu options via off-market takeover bids, it said in a statement to the Stock Exchange of Thailand. Banpu through its wholly owned unit Banpu Minerals (Singapore) Pte. offered to pay A$1.80 per share for Hunnu shares. The offer ends at 0800 GMT Monday. To read the full article, click hereBanpu Acquires 90.2% Stake in Australia’s Hunnu Coal

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