Government of India plans to sell 9% stake in Coal India for $2.02bn

The Government of India plans to sell up to 9% of its stake in Coal India to raise $2.02bn as part of its divestment strategy, proposing to divest a 3% interest by selling up to 186.2 million shares at Rs266 ($3.59) per share.

“The Government of India plans to sell up to 9% of its stake in Coal India to raise $2.02bn as part of its divestment strategy.”mining-technology.com

• 1 source
• mining-technology.comM&As this week: Anglo American Platinum, Ausdrill, Coal India - Mining TechnologyNov 9, 2018

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