US private equity firm plans IPO of $732m Coronado Coal in Australia

US private equity firm plans IPO of $732m Coronado Coal in Australia

Photo: Reuters

U.S. private equity firm Energy and Minerals Group (EMG) plans to sell a A$1 billion ($732 million) stake in Coronado Coal to the public and list the coal mining company in Australia, two people with knowledge of the plan said on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter