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CREDITORS OF AUSTRALIA'S NARDELL COAL CORP LIKELY TO REJECT DEAL.
Publication: AsiaPulse News Publication Date: 30-APR-03 |
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COPYRIGHT 2003 Asia Pulse Pty Ltd
SYDNEY, April 30 Asia Pulse - Creditors of Macquarie Bank's Nardell Coal Corporation were today expected to reject an offer of 17 cents for every dollar they lost.
About 100 people lost their jobs when the mine, owned by Macquarie Bank's Macquarie Investment Trust III (MIT III), was placed...
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