Aluminum Corporation of China to Acquire 29.9% Interest in Winsway Coking Coal Holdings Limited - Deal Analysis from GlobalData

Aluminum Corporation of China to Acquire 29.9% Interest in Winsway Coking Coal Holdings Limited - Deal Analysis from GlobalData

Summary

Aluminum Corporation of China Limited (CHALCO) has agreed to acquire 29.9% interest in Winsway Coking Coal Holdings Limited, an imported coking coal and Mongolian coking coal supplier company from its parent company Winsway Resources Holdings LF., for a cash consideration of HKD2,391.75m ($308.13m).

Scope

• The report provides a brief of CHALCO's announced minority acquisition in Winsway Coking Coal Holdings Limited, an imported coking coal and Mongolian coking coal supplier company from its parent company Winsway Resources Holdings.
• The report describes the deal in brief, provides a brief overview of CHALCO and Winsway with CHALCO's attempts at diversification and benefits from the deal, deal financials and deal rationale together with acquirer and acquiree information.

Reasons to buy

• Obtain an understanding of CHALCO's announced minority acquisition of Winsway Coking Coal, with the deal described in brief, the shareholding structure of both the parties to to the deal, benefits for CHALCO, deal valuation and other details, deal financials, deal rationale and acquirer and acquiree details.