Arch Resources in talks to merge with Consol Energy, Bloomberg News reports
Aug 20 (Reuters) - Coal miner Arch Resources ARCH.N is
nearing an agreement to merge with Consol Energy CEIX.N in a
deal that could create a $5 billion coal mining company,
Bloomberg News reported on Tuesday, citing people familiar with
the matter.
An agreement could be announced as soon as this week, the
report added.
(Reporting by Harshita Meenaktshi in Bengaluru; Editing by
Sherry Jacob-Phillips)
((HarshitaMeenaktshi.R@thomsonreuters.com;))
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