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Article: UK Coal to discuss 'possible bid' from Alchemy.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- September 8, 2005
CopyrightCOPYRIGHT 2005 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: By John Duckers
UK Coal, Britain's biggest producer of coal, yesterday said it would discuss a possible bid offer from a consortium led by private equity firm Alchemy Partners as it reported a pounds 30.5 million pretax half-year loss in line with expectations.
The company said it had received clarification on a number of issues arising from an approach by Alchemy in April, which it rejected, and was now ready ...