Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Completed
Majority
Friendly
coal mining
Colombia
Single Bidder
Cross Border
Coal
Synopsis
Murray Energy, a US-based coal mining company, completed the acquisition of Colombian Natural Resources, a coal mining firm in Colombia, from Goldman Sachs, a global investment banking, securities and investment management firm. In recent years, Goldman Sachs and Morgan Stanley have come under heavy political and regulatory pressure to get out of risky commodity businesses, particularly those involving the ownership of assets. Goldman sold off a metals warehousing business and moved to wind down uranium trading last year.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.