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BRIEF-Anglo American sells its 83 pct stake in Dartbrook coal mine

Published 24/12/2015, 09:08 pm
© Reuters.  BRIEF-Anglo American sells its 83 pct stake in Dartbrook coal mine
AAL
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Dec 24 (Reuters) - Anglo American Plc AAL.L :

* Sale of Dartbrook coal mine

* Says has entered into a sale and purchase agreement with Australian Pacific Coal Limited

* Deal to sell its 83.33 pct interest in Dartbrook coal mine in Hunter Valley, New South Wales, Australia

* AQC will acquire Anglo American's interest in Dartbrook for up to A$50 million (about US$36 million)

* Transaction will be effected via a sale of shares in subsidiary companies holding Anglo American's interest in Dartbrook

* Transaction is expected to complete by mid-2016 Source text for Eikon: ID:nRSX1668Ka Further company coverage: AAL.L

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