Walter Energy to acquire Western Coal for C$3.3 billion
Walter Energy said on Friday that it will acquire the Vancouver-based Western Coal in a deal that values Western Coal at roughly C$3.3 billion.
Consol Energy sold two non-producing coal assets in Western Canada last month for US$127 million, bringing its total asset sales in 2012 to more than US$350 million, the company reported (on Jan 3, 2013).