IchorCoal Calls off Takeover of Universal Coal

摘要

IchorCoal NV, Netherlands called off its plan to take over Universal Coal plc.IchorCoal offered an official takeover proposal to Universal Coal on 30 September 2015, and thereafter pushedahead with a takeover bid (TOB) aiming at acquisition of whole shares in Universal Coal. This takeover proposal statesthe purchase price of shares in Universal Coal is A$0.16 per share.