Australian Market Report of December 29, 2010: Kangaroo Resources (ASX:KRL) Announce A$277M Acquisition of Indonesian Thermal Coal Project
Australian Market Report of December 29, 2010 includes: Kangaroo Resources Limited (ASX:KRL) announce A$277 Million acquisition of Indonesian Thermal Coal Project; Dai-ichi (TYO:8750) is to acquire TOWER Australia Group (ASX:TAL) for future development in the Australian Insurance Market; Uran Limited (ASX:URA) has entered into an option to earn interest in near-production Manganese projects in Zambia; Imperial Corporation Limited (ASX:IMP) announced US$60.25 million acquisition of US oil assets.