Anglo American agrees to divest stake in Jellinbah JV for $1.1bn
As a family that has been with Jellinbah since its inception, our increased investment not only reflects our confidence in Queensland’s coal industry but also our commitment
Anglo American to sell stake in Jellinbah
Anglo American has reached an agreement to sell its 33.3 per cent minority interest in Jellinbah to Zashvin for $1.6 billion.
Anglo American’s $1.1B Stake Sale
Anglo American PLC, the London-listed mining giant, announced on Monday that it has agreed to sell its minority stake in an Australian coal joint venture to Zashvin Pty Ltd. for AU$1.6 billion (about $1.
Anglo American to sell stake in Australian coal joint venture for £830m
Mining giant Anglo American has struck a deal to sell its stake in an Australian coal joint venture for 1.6 billion Australian dollars (£830 million).Shares in the company were higher in early trading after the FTSE 100 firm confirmed the sale plans.
Anglo American's Australian coal sell-off begins
Anglo American has sold its 33.3% stake in Jellinbah Group, a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont metallurgical coal
Anglo-American to sell stake in Australian steelmaking coal mines for US$1.1 billion
UK-based Anglo-American said on Monday (Nov 4) that it will sell its minority stake in a joint venture that owns a 70 per cent interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia,
Anglo American To Sell 33.3% Stake In JV Jellinbah To Partner Zashvin In About $1.1 Bln Cash Deal
British miner Anglo American Plc (AAUKY.PK, AAL.L) announced Monday that it has agreed terms for the sale of its 33.3 percent
ANGLO AMERICAN PLC – Anglo American agrees sale of its minority interest in Jellinbah for A$1.6 billion
Anglo American has agreed terms for the sale of its 33.3% minority interest in Jellinbah Group Pty Ltd (‘Jellinbah’), a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin Pty Limited (‘Zashvin’) for cash proceeds of A$1.6 billion (approximately US$1.1 billion).
Anglo American to offload Australian coal mining stake for $1.1bn
Anglo American has agreed to sell its stake in an Australian coal mining joint venture for AS$1.6bn (US$1.1bn) as chief executive Duncan Wanblad pushes ahead with radical plans to streamline the business.
Anglo American agrees to sell minority interest in Jellinbah for $1.1B
Anglo American (NGLOY) has agreed terms for the sale of its 33.3% minority interest in Jellinbah Group Pty Ltd, a joint venture that owns a 70%
Anglo American Continues Coal Selloff With Australian Disposal
The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.
Billionaire pays $1.6b for Anglo’s stake in Qld mines
The tycoon already owns a share of the company behind the Jellinbah and Lake Vermont coal projects. He says the deal ...
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Oil Markets on Edge Ahead of Tight U.S. Presidential Election
Mining giant AngloAmerican (LON:AAL) has agreed to sell its 33.3% minority stake in the Jellinbah metcoal joint venture to Australian power generation firm Zashvin for $1.1 billion, as part of ...
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Latham’s City IP head exits for Skadden
Skadden Arps Slate Meagher & Flom has hired its new head of intellectual property and technology transactions from Latham & Watkins. Deborah Kirk, who trained at Linklaters before becoming head ...