BREAKFAST DEALS: Noble intentions

Talk between Gloucester and Yancoal turns to Noble Group, while IAG eyes a tilt at Kurnia Asia.

Given the length of time it took Peabody Energy to get Macarthur Coal into the boat and the many failed attempts by other coal companies to find a willing buyer, the speed at which current deals are taking place is breathtaking. By all reports, Gloucester Coal and Yancoal Australia are in early discussions, but some indications are emerging that an $8 billion merger proposal could be done and dusted before Christmas. Meanwhile, Insurance Australia Group was poised to make a big bid for Malaysia’s Kurnia Asia after all – shareholders will be glad to know they weren’t taken for a ride on this deal. Elsewhere, the Australian M&A sector in 2012 is shaping up as another year for private equity, rumours are starting to seep out of Macquarie Bank over its banking and financial services division, and Alliance Airlines is finally off the ground.

Gloucester Coal, Yancoal Australia, Noble Group

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
You must accept the terms and conditions.

OR

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
Discount -{{productDiscount}}
GST {{productGST}}
TOTAL   (inc. GST) {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Related Articles