Agreement rescues plans to dig the UK’s first deep mine in 40 years in the North York Moors
The mining company Anglo American has agreed to buy Sirius Minerals for £405m in a deal that rescues plans to dig the UK’s first deep mine in 40 years under the North York Moors.
The pair revealed this month they were in advanced talks over a deal that would hand the struggling fertiliser miner to Anglo for a price of 5.5p a share, which valued the company at £386m.
Continue reading...from Mergers and acquisitions | The Guardian https://ift.tt/38qH0SK
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