Profit

Adani buys Australian coal firm's assets for $2.7 bn

PUBLISHED ON: August 3, 2010 | Duration: 2 min, 51 sec

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In a bid to expand its energy business, billionaire Gautam Adani-led Adani Enterprises has acquired the coal mine assets of Linc Energy of Australia for a cash and royalty package worth $2.7 billion (about Rs 2,100 crore).
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