Natural Resource Partners: Rises on deal to sell construction aggregates unit

Natural Resource Partners

19/11/2018 17:18

**  Coal and mineral producer's shares  NRP.N  rise as much
as 10.45 percent to $37.45, hits nearly a 7-month high
   ** Natural Resource Partners to sell construction aggregates
unit for $205 mln  urn:newsml:reuters.com:*:nBw9X7tSwa
    ** "The sale of our construction aggregates business segment
will ... substantially accelerate the de-levering and de-risking
of our capital structure" - COO Craig Nunez
    ** More than 18,500 shares change hands, nearly twice its
30-day moving avg
    ** Including Monday's gains, stock has risen 41.7 pct YTD

 (Reporting by Debroop Roy in Bengaluru)
 ((Debroop.Roy@thomsonreuters.com; within U.S. +1 646 223 8780,
outside U.S. +91 80 6749 1690; Reuters Messaging:
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