Coal stock M&A action heats up

A new $5 billion coal company merger is barely sealed before takeover action is on the agenda. Regardless of climate change, coal stocks are hot.

PORTFOLIO POINT: As small coal companies get together, they become big enough to show up on the radar of international miners. Here are some likely contenders.

'Build it, and the bids will come’ has emerged as the unofficial motto of the Australian coal industry, with a flurry of mergers and takeovers likely to continue thanks to continued strength in demand for electricity and steel.


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