JSW finalizes coal mine takeover

Coking coal producer Jastrzębska Spółka Węglowa (JSW) has signed the final agreement to acquire coal mine KWK Knurów Szczygłowice from sector giant Kompania Węglowa (KW). The deal value is PLN 1.49 billion. The initial takeover agreement was signed in April this year. JSW will finance the purchase with the help of a bond issue. “We…

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