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Coal India Ltd.
BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
386.45
1.20 (0.31%) Coal India in talks for Massey, Peabody mines
Date: 15-11-2010Coal India is in talks to buy mines from U.S.-based Peabody Energy and Massey Energy. Coal India recently raised $3.4 billion in the country's largest initial public offering. The company has said it is looking to make acquisitions in Australia, Indonesia and the United States, and has budgeted $1.2 billion to buy assets in those countries.crackcrack