Optimum Coal Says Approached After Report Glencore May Bid

Optimum Coal Holdings Ltd., the South African thermal coal exporter that’s reportedly a Glencore International Plc takeover target, said it has had approaches.

Optimum “has received unsolicited, non-binding expressions of interest from third parties to acquire a controlling interest,” it said in a statement today. “There is currently no certainty that Optimum will receive a firm intention to make an offer from any party.”