Archive for December, 2011

13
Dec

Whitehaven Coal to merge with Aston Resources

Whitehaven Coal to merge with Aston Resources

Whitehaven Coal and Nathan Tinkler’s Aston Resources intend to merge under a scheme to be voted by Aston shareholders in March 2012. The deal appears to be motivated by a search for scale, diversification and transportation synergies. The combined vehicle will have a capitalisation of greater than $5 billion.