Noble takes control of Gloucester Coal
Thursday, 18 Jun 2009
Reuters reported that Singapore listed commodities firm Noble Group controlled 87.7% of Australia's Gloucester Coal at the close of its offer for the company.
As per report, 4 Gloucester directors have retired and a new board has appointed 5 directors.
Noble said that Gloucester would continue to be listed on the Australian stock exchange.
(Sourced from Reuters)
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