Tag: UNV
Universal Coal board responds to TerraCom’s unsolicited bid with take no action
Universal Coal’s (ASX: UNV) board has issued a “no action” statement in response to coal miner TerraCom’s (ASX: TER) unsolicited takeover bid, which estimated the combined entity would have an $294 mi...
TerraCom buys into Universal thermal coal assets for $35m
Queensland-based coal miner TerraCom (ASX: TER) has acquired a large chunk of fellow ASX miner Universal Coal (ASX: UNV), giving it exposure to thermal coal assets in South Africa.
In an announceme...