Apollo out of Grosvenor race

A CONSORTIUM led by Apollo Global Management has pulled out of the race to buy the Grosvenor and Moranbah East underground coal mines in Queensland being put up for sale by Anglo American, according to a report by Reuters.

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Apollo out of Grosvenor race Apollo out of Grosvenor race Apollo out of Grosvenor race Apollo out of Grosvenor race Apollo out of Grosvenor race

Anglo American CEO Mark Cutifani.

The BHP Billiton Mitsubishi Alliance, which has several mines and infrastructure in the Bowen Basin nearby, is now seen as the frontrunner for the assets, which are being put on the block by Anglo

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