Offers flood in as South32 readies for South Africa coal exit

Original article by Paul Garvey
The Australian – Page: 15 & 16 : 18-Jan-19

Diversified miner South32 expects final bids for its South African thermal coal assets to be submitted by the end of July. CEO Graham Kerr says the assets have attracted strong interest from potential bidders, and this is likely to result in 2-3 firm offers. Meanwhile, South32 has advised that CFO Brendan Harris has become its chief marketing officer, while Katie Tovich in turn has been appointed CFO.

CORPORATES
SOUTH32 LIMITED – ASX S32, ALUMINA LIMITED – ASX AWC, ALCOA INCORPORATED, WHITEHAVEN COAL LIMITED – ASX WHC

Leave a comment