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    coal investing

    Coal India taps BofA, RBC, RBS for acquisitions

    Investing News Network
    Apr. 13, 2010 05:34PM PST
    Industrial Metals

    Coal India, the country’s biggest coal producer, has hired Bank of America-Merrill Lynch (BAC.N), Royal Bank of Canada (RY.TO) and Royal Bank of Scotland (RBS.L) to help it make deals as it hunts for coal assets overseas.

    Coal India, the country’s biggest coal producer, has hired Bank of America-Merrill Lynch (BAC.N), Royal Bank of Canada (RY.TO) and Royal Bank of Scotland (RBS.L) to help it make deals as it hunts for coal assets overseas.

    The press release is quoted as saying:

    Bank of America-Merrill is advising on possible deals in Australia, while Royal Bank of Canada and Royal Bank of Scotland are helping it in Indonesia and the United States, respectively.

    Click here to access the entire press release

    Click here to access Coal India Corporate Site

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