Mar. 16, 2015, 7:42 AM
- Murray Energy agrees to acquire a 50% interest in Foresight Energy Partners (NYSE:FELP) and an 80% stake in the Foresight Energy general partner for $1.4B.
- The combination will control more than 9B tons of coal reserves and be one of the leading coal companies in the world.
Foresight Energy LP produces and supplies thermal coal, with focus on operating and developing productive underground mines in the Illinois basin. The company specializes in the operation and development of mining complexes with long wall mining systems. It invests in the development of and... More
Sector: Basic Materials
Industry: Nonmetallic Mineral Mining
Country: United States
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