News
18 April 2016

Oakbay's Tegeta completes acquisition of Optimum from Glencore

Region:
Middle East & Africa

Oakbay Investments, through coal company Tegeta Exploration & Resources, has completed its acquisition of the Optimum coal mine from Glencore for R2.15 billion ($147 million). The acquisition also includes six other target firms and, according to Oakbay, demonstrates its “firm...

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