logo
Coal Miner Exxaro to Acquire Manganese Assets for $640 Million

Coal Miner Exxaro to Acquire Manganese Assets for $640 Million

Bloomberg13-05-2025
Exxaro Resources Ltd., South Africa's biggest coal miner, has agreed to acquire the nation's largest manganese mines for about 11.67 billion rand ($640 million).
The assets include the Tshipi Borwa Mine, as well as the Mokala Mine, in Kalahari Manganese Field, the company said in a statement. The unadjusted price payable in respect of the sale equity is 11.67 billion rand cash, according to the statement.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Union Pacific could reach agreement to acquire Norfolk southern early next week, Bloomberg News reports
Union Pacific could reach agreement to acquire Norfolk southern early next week, Bloomberg News reports

Yahoo

timean hour ago

  • Yahoo

Union Pacific could reach agreement to acquire Norfolk southern early next week, Bloomberg News reports

(Reuters) -Union Pacific, the largest U.S. railroad operator, could reach an agreement to acquire rival Norfolk Southern as soon as early next week, Bloomberg News reported on Friday, citing people familiar with the matter. Union Pacific had said on Thursday it is in advanced talks to acquire its rival, signaling that a deal to form a $200 billion coast-to-coast rail company could be close - and potentially trigger further consolidation among remaining freight rail giants. Reuters could not immediately verify the report. Sign in to access your portfolio

Union Pacific could reach agreement to acquire Norfolk southern early next week, Bloomberg News reports
Union Pacific could reach agreement to acquire Norfolk southern early next week, Bloomberg News reports

Yahoo

timean hour ago

  • Yahoo

Union Pacific could reach agreement to acquire Norfolk southern early next week, Bloomberg News reports

(Reuters) -Union Pacific, the largest U.S. railroad operator, could reach an agreement to acquire rival Norfolk Southern as soon as early next week, Bloomberg News reported on Friday, citing people familiar with the matter. Union Pacific had said on Thursday it is in advanced talks to acquire its rival, signaling that a deal to form a $200 billion coast-to-coast rail company could be close - and potentially trigger further consolidation among remaining freight rail giants. Reuters could not immediately verify the report. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Union Pacific Is Said to Near Deal for Norfolk Southern
Union Pacific Is Said to Near Deal for Norfolk Southern

Bloomberg

timean hour ago

  • Bloomberg

Union Pacific Is Said to Near Deal for Norfolk Southern

By , Ryan Gould, and Kiel Porter Save Union Pacific Corp. could reach an agreement to acquire Norfolk Southern Corp. and create a transcontinental rail behemoth as soon as early next week, people familiar with the matter said. The deal, which would be the largest deal ever in the rail industry, is likely to include both cash and stock, according to the people, who asked not to be identified discussing confidential information.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store