Corrs advises on Whitehaven’s takeover bid for Coalworks

14 May 2012

Corrs Chambers Westgarth is advising Whitehaven Coal Limited (ASX:WHC) on its $170 million off-market takeover bid for Coalworks Limited (ASX:CWK).

Whitehaven, a New South Wales based coal producer with operations and development projects in the Gunnedah Basin, the Hunter Valley and Queensland, recently announced the $1 a share bid for Coalworks.

The Corrs team is led by partner Andrew Lumsden with partner Jeremy Horwood, who are supported by senior associates David Sim and James Shirbin.

Corrs partner Andrew Lumsden said, “The Corrs team brings its considerable experience in corporate M&A and energy and resources for this important transaction for Whitehaven.”

This is the third major transaction for Whitehaven on which Corrs has advised, after recently advising Whitehaven on the $5 billion merger with Aston Resources and acquisition of Boardwalk Resources.

Grant Samuel and Goldman Sachs are also advising Whitehaven on the deal.

For further information, please email Glenn Taylor or contact by phone on +61 2 9210 6593.