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GVK HANCOCK COAL
- GVK Power acquires Australia's Hancock Coal for $1.26 billion, plans to invest $10 billion moreGVK Power said it has agreed to acquire Australia's Hancock Coal for $1.26 billion, in one of the largest overseas acquisitions by an India...
Societe Generale pulls out of GVK’s Australian projectThe key focus for our projects, at this point in time, is finalising our approvals and addressing litigious challenges to our attained appr...- Societe General to exit from GVK's Hancock coal projectGVK had, in 2011, acquired 79 per cent stake in Alpha Coal and Alpha West Coal Project and 100 per cent stake in the Kevin's Corner Project...
- GVK wins environmental permit for huge Australian coal mineThe company said that it further plans to meet every environmental condition that has been set by regulatory authorities.
- GVK faces October deadline to pay $560 million for Australia coal assetsA senior GVK executive, who spoke on condition he was not named, confirmed the payment is yet to be made and is due next month.
- GVK signs deal for 75 per cent land acquisition for Australia rail projectAccording to a project update report, GVK said the process for acquiring the remaining 25 per cent of the land will be initiated shortly.
- GVK Hancock, Aurizon to jointly develop rail line, coal terminal at Abbot PointGVK Hancock said it has reached an accord with Australia-based Aurizon to jointly develop a rail line and coal terminal at Abbot Point Port...
- Aurizon to buy 51 per cent stake in Hancock Coal InfraAurizon, will buy 51 per cent stake in Hancock Coal Infrastructure, which owns GVK Group's Hancock rail in Queensland, for an undisclosed s...
- GVK Hancock signs deal with QCOAL for coal transportation servicesHancock Coal Infrastructure Pty Ltd (GVK Hancock) and QCoal have entered into a MoU for the two companies to work together on coal transpor...
- GVK looking to offload stake in Australia's Hancock Coal minesGVK group is looking to sell part of its stake in Hancock coal mines in Australia to raise funds for development of the Australian assets t...
- GVK Power pares gains; Goldman maintains 'Hold'GVK Power and Infrastructure Ltd pared their morning gains and turned negative after registering a rise of over 7% in trade today
- GVK Power shares rise 7% on Hancock deal; Goldman maintains 'Hold'GVK shares rose 7% in early trade on Monday after it announced to pay $1.26 bn for a majority stake in Hancock Group.
- GVK Power & Infrastructure to acquire 80% stake in Hancock Coal assets for $1.2 billionGina Rinehart, the promoter of Hancock prospecting will continue to hold 20% stake in the company.
- GVK may finalise deal with Australia's Hancock in two monthsGVK Power and Infrastructure may finalise a deal to buy coal mines operated by Australia's Hancock Prospecting in two months.
- GVK Power to raise $1.2 bn debt for Hancock Assets buy; stock downGVK Power, a unit of infrastructure major GVK Group, is raising $1.2 billion as debt to part fund its acquisition of Hancock mines in Austr...
- GVK Power to raise $1.2 bn debt for Hancock Assets buyGVK Power, a unit of infra major GVK Grp, is raising $1.2 bn as debt to part fund its acquisition of Hancock mines in Australia.
- Hancock's jacked-up valuation turns potential deal-breaker for GVKGVK's bid to acquire Hancock's coal mines has hit a couple of potential deal breakers spurred mainly by rising coal prices.
- GVK, JSW unit may submit fresh bids for Hancock's coal assetsJSW Energy and GVK Power and Infrastructure will have to submit fresh bids for acquiring two coal assets put on the block by Hancock Coal a...
- GVK bids $2 billion for assets of Australia's Hancock CoalGVK Power & Infrastructure has submitted a preliminary bid for a controlling stake in a coal mine owned by Australian mining giant Hancock ...
- GVK mounts $2 billion bid for assets of Australia's Hancock CoalHancock Coal has short-listed six bidders for the sale of the Kevin’s Corner mine which include Chinese and Japanese power companies apart ...
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