Whitehaven Coal shareholders ‘trapped’ after 2012 acquisition, class action trial told

Trials 2024-09-03 11:45 pm By Cindy Cameronne | Sydney

Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are “trapped” after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.