Drummond sells 20% stake in Colombian ops for US$1.52B

News by BMI Editorial

Drummond Company has agreed to enter into a partnership with Japanese trading house Itochu whereby Drummond will own 80% and Itochu 20% of a new entity, Drummond International.

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Business Business/Commerce Miscellaneous Materials & Commodities Mergers/Acquisitions/Restructuring America - South Asia Coal Coal exports Coal Imports Colombia Itochu Places

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