Australian Coal Miner New Hope Buys Malabar for its Maxwell Mine
Australian coal miner New Hope Corp Ltd. will buy the rest of Malabar Resources Ltd. in an all-share deal that values the smaller company at A$1.8 billion ($1.25 billion), to...
By Paul-Alain Hunt · Bloomberg
Australian coal miner New Hope Corp Ltd. will buy the rest of Malabar Resources Ltd. in an all-share deal that values the smaller company at A$1.8 billion ($1.25 billion), to expand its operations in New South Wales state.