Nov 26 (Reuters) - New Hope Corp Ltd (NHC) will buy a further 10 percent stake in the Bengalla thermal coal mine in Hunter Valley, New South Wales from Japan's Mitsui & Co Ltd's 8031.T for A$215 million ($155.7 million), the Australian coal miner said on Monday.
The deal comes months after Wesfarmers Ltd (WES) sold its 40 percent stake in the Bengalla mine to New Hope, which already held a 40 percent stake in the mine. ($1 = 1.3806 Australian dollars)
News: NHC Australia's New Hope to buy Mitsui's 10 pct stake in Bengalla coal mine
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Last
$4.23 |
Change
0.020(0.48%) |
Mkt cap ! $3.565B | |||
| Open | High | Low | Value | Volume |
| $4.22 | $4.27 | $4.22 | $7.654M | 1.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20190 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.25 | 2731 | 1 |
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| NHC (ASX) Chart |