Banpu expands its Chinese coal business through acquisition of AACI ; advisor AWR Lloyd
Banpu adds 107Mt to its equity coal reserves in China by acquiring additional 78% of AACI for US$420 million. AACI has stakes in 4Mtpa coal operation and 6Mtpa coal project in Shanxi Province. On 6th June 2008, Banpu Public Company Limited (‘Banpu’), through its fully-owned subsidiary, BP Overseas Development Company Limited (‘BPOD’), has signed an … Continued