Singapore's Noble takes control of Gloucester Coal

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SINGAPORE, June 17 | Tue Jun 16, 2009 7:39pm EDT

SINGAPORE, June 17 (Reuters) - Singapore-listed commodities firm Noble Group (NOBG.SI) said on Wednesday it controlled 87.7 percent of Australia's Gloucester Coal (GCL.AX) at the close of its offer for the company.

Four Gloucester directors have retired and a new board has appointed five directors.

Noble said Gloucester would continue to be listed on the Australian stock exchange.

(Reporting by Kevin Lim, Editing by Dean Yates)

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