‘Constructive’ investors buy A$390m Whitehaven block

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‘Constructive’ investors buy A$390m Whitehaven block

Two shareholders sold stakes in ASX-listed Whitehaven Coal on Tuesday, raising a combined A$390m ($416.5m). The deal went mostly to domestic investors — and capped a busy month for ECM bankers in Australia, especially when compared to their peers across the region.

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