Original article by Matt Chambers
The Australian – Page: 22 : 11-May-16
Pembroke Resources has secured a deal to acquire the Olive Downs South, Olive Downs North and Willunga coking coal deposits in Queensland from Peabody Energy Australia in a $A104m deal. The tenements were previously owned by Macarthur Coal, which Peabody acquired in 2011. Pembroke, which is owned by US private equity firm Denham Capital, intends to pursue further acquisitions.
CORPORATES
PEMBROKE RESOURCES PTY LTD, PEABODY ENERGY AUSTRALIA COAL PTY LTD, PEABODY ENERGY CORPORATION, MACARTHUR COAL LIMITED, DENHAM CAPITAL MANAGEMENT LP, CITIC RESOURCES HOLDINGS LIMITED