Naperville, IL -- (SBWIRE) -- 10/29/2012 -- Anglo American plc, a diversified mining company, has agreed to acquire 58.9% stake in Minas de Revuboe Limitada, a coking coal exploration and development company, which owns the Revuboe metallurgical coal project in Mozambique, from Talbot Group Holdings Pty Ltd., a mining services company, for a purchase consideration of AUD540m ($556m).
- The report provides a brief of Anglo American plc's announced acquisition of 58.9% stake in Minas de Revuboe, an analysis of the possible reasons which prompted the move, some facts on Revuboe coal project, Anglo American's coal production, a few important highlights on Mozambique's growing importance as a coal mining destination and coal deals in the country and deal valuation and other details.
Reasons to buy
- Obtain an understanding of Anglo American plc's announced acquisition of 58.9% stake in Minas de Revuboe for $556m.
- The report will give an insight into the benefits likely to be derived by the acquirer, the deal rationale, valuation and other details.
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