UK Coal, the UK's largest coal mining group, has re-opened talks with a private equity consortium headed by London-based Alchemy Partners after rebuffing it three months ago.

The group said in a formal statement today: "Clarification has now been received on some of the issues raised [in earlier talks]. UK Coal has now agreed to meet members of the consortium." The company also said that it was still not certain that an offer would be made.

Andrew Dewson

UK Coal

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UK Coal in U-turn on Alchemy talks

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