US groups consider Whitehaven Coal buyout
American infrastructure PE firm First Reserve and US coal producer Alpha Natural Resources are reportedly eyeing Australia’s Whitehaven Coal Ltd. and considering a buyout deal that could be worth more than A$3 billion ($2.75 billion).
According to local reports, the companies are looking to gain the support of American Metals & Coal International Inc. (AMCI) to take ASX-listed Whitehaven private and sell it in parts to Alpha. AMCI group...
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