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Scotland: Coal buyout may fall under OFT scope

 |  August 15, 2013

A coalmine buyout by Hargreaves may fall under review by the Office of Fair Trading for competition concerns, say reports. The acquisition of some Scottish Coal assets was made for more than $13 million; the mines, already under ownership of Hargreaves Services, were acquired from their previous owner ATH Resources. Reports say the buyout leaves Hargreaves as the top coal miner in Easy Ayrshire.

Full Content: Coal Guru

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