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Expansion to follow Griffin acquisition

INDIAN power generator Lanco Infratech will acquire embattled Western Australian thermal coal producer Griffin Coal from its administrators for an estimated $A800-850 million.

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Expansion to follow Griffin acquisition

Lanco revealed it was successful in the bidding war over the debt-laden coal company in a Bombay Stock Exchange announcement today. Lanco chief financial officer Suresh Kumar said he was excited about...

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