28
Jun
01:30
SGI scraps plan to acquire Coronado stake
Czech based investment group Sev.en Global Investments a.s. (SGI) has scrapped plans to acquire a stake in Australia-listed miner Coronado Global Resources over unmet conditions, Kallanish notes.
Coronado says in a statement the United States private investment firm Energy & Minerals Group (EMG) has terminated the proposed transaction with SGI for latter to acquire its stake in Coronado.
Coronado notes that the agreement between SGI and EMG was terminated b…
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Very good overview of the weekly steel market.
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