WHITEHAVEN Coal has dismissed speculation China's Shenhua Group is looking to take over the miner, as rumours continue about major shareholder Nathan Tinkler's debt problems and plans for his stake.
"Whitehaven has had no proposals from Shenhua to sell its assets to Whitehaven, nor has there been any proposal from Shenhua to acquire Whitehaven," the company said in a statement to the Australian Securities Exchange yesterday.
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