Nathan Tinkler is busy throwing together a proposal that he hopes can win over the Whitehaven Coal register, and there’s a chance that he might have just won an ally. Meanwhile, the David Jones takeover offer has come to an appropriately ludicrous end. Elsewhere, Hastings Diversified Utilities Fund has given one of its suitors a little extra time to check the books, Nexus Energy looks like it’s sealed the deal with Royal Dutch Shell and Austock has come up with a not-so-small list of objections to the bid by Mariner Corporation.
Whitehaven Coal, Nathan Tinkler
Coal tycoon Nathan Tinkler might have won another comrade for a bid to take Whitehaven Coal private – Hans Mende.