Gloucester Coal to review Noble shareholder vote

SYDNEY, Apr 20 (Reuters): Australian miner Gloucester Coal is reviewing its position after shareholders of its major investor, Hong Kong-based Noble Group, rejected a proposed merger of Gloucester and rival Macarthur Coal.
Shareholders in Noble, a commodity trader, voted against selling Noble's stake in Gloucester to Macarthur, the world's leading exporter of a cheaper, cleaner coal coveted by steelmakers.