CAPITAL MARKETS

Whitehaven seals Narrabri deal with Koreans

A KOREAN consortium has agreed to buy a 7.5% stake in Whitehaven Coal’s Narrabri Joint Venture for $A125 million, plus $11 million in costs and 7.5% of the future costs of the New South Wales project.

Angie Tomlinson

Whitehaven seals Narrabri deal with Koreans

The consortium comprises manufacturing, investment and trading conglomerate Daewoo International Corporation and government-owned Korea Resources Corporation (Kores). The companies will join current...

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