CCX Parts with Mines

CCX Parts with Mines

Colombia M&A

CCX Carvao da Colombia is set to raise $75m after agreeing to sell mining assets to Transwell Enterprises, it says. The deal includes the Canaverales e Papayal open-air coal mines in Colombia. CCX retains its San Juan mine. The sale is the latest in a series across the EBX Group as Eike Batista raises cash to pay off debts and continue funding operations at various companies in the group. Miner MMX is in exclusive discussions to sell control of its Porto Sudeste port to Trafigura and Mubadala. B

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