Reuters: Chalco says to buy 29.9 percent of Winsway Coking Coal for $308 mln

Aluminum Corp of China Ltd said it has agreed to buy 29.9 percent of imported coking coal supplier Winsway Coking Coal Holdings Ltd for HK$2.39 billion ($307.92 million) to strengthen its downstream logistics operations. In a filing to the Hong Kong stock exchange late on Monday, the China’s top aluminium maker said it would buy 1.13 billion shares of Winsway Coking Coal from parent Winsway Resources Holdings Ltd at HK$2.12 per share. To read the full article, click hereChalco says to buy 29.9 percent of Winsway Coking Coal for $308 mln

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