26
Sep
05:10
SGI to acquire majority stake in Coronado
Czech Republic investment group Sev.en Global Investments (SGI) is set to acquire a majority stake in Australian metallurgical coal miner Coronado Global Resources, Kallanish notes.
Coronado says in a statement that SGI has signed a binding agreement with the United States private investment firm Energy & Minerals Group (EMG) to acquire all of EMG’s interest in Coronado.
Coronado was founded in 2011 by EMG, Garold (Gerry) Spindler, …
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Very good overview of the weekly steel market.
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