Winsway Takes Big Step Overseas With Grande Cache Coal Deal
- Tuesday, November 1, 2011, 2:10
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Two weeks after an agreement with Peabody Energy of the U.S. to cooperate in China and the Asia-Pacific, Winsway Coking Coal Holdings took another step internationally today by saying it would form a joint venture with Marubeni Corp. of Japan that would pay $1 billion to purchase Grande Cache Coal of Canada.
http://www.forbes.com/sites/russellflannery/2011/10/31/winsway-takes-big-step-overseas-with-grande-cache-coal-deal/