Peabody May Start Macarthur Due Diligence, Financial Review Says

Peabody Energy Corp. (BTU) will start due diligence on takeover target Macarthur Coal Ltd. tomorrow, the Australian Financial Review reported, without saying where it got the information. Peabody will send experts from its U.S. operations to look at the business, the newspaper said.

To contact the reporter on this story: Rebecca Keenan in Melbourne at rkeenan5@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net

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