Metals Fabrication & Products M&A » By The Online Investor Staff, updated Thu., Apr. 18, 7:05 PM
Recent mergers and acquisitions in the Metals Fabrication & Products M&A category.
| This Slide: #17 of 25 |
Slide #17. SunCoke Energy Partners, L.P. — Lakeshore Coal Handling Corporation
Acquirer:
SunCoke Energy Partners, L.P. (SXCP)
Acquiree:
Lakeshore Coal Handling Corporation
Details:
SunCoke Energy Partners, L.P. (NYSE:SXCP) has reached an agreement in principle to acquire the assets, specified liabilities and business operations of Lakeshore Coal Handling Corporation for a proposed purchase price of $29.6 million. This is expected to be an all cash transaction and is anticipated to close on July 31, 2013, subject to execution of a definitive agreement and customary closing conditions.
SunCoke Energy Partners primarily produces coke used in the blast furnace production of steel. Co. also provides handling and/or mixing services to steel, coke, electric utility, coal producing and other manufacturing based customers. Co. has two segments: Domestic Coke, which consists of its subsidiary, Haverhill Coke Company LLC facility in Franklin Furnace, OH, its subsidiary, Middletown Coke Company, LLC facility in Middletown, OH, and its subsidiary, Gateway Energy and Coke Company, LLC facility in Granite City, IL; and Logistics, which consists of its Convent Marine Terminal in Convent, LA, Kanawha River Terminal in Ceredo and Belle, WV, and SunCoke Lake Terminal in East Chicago, IN.
Open the SXCP Page at The Online Investor »
|
||||||||||||
Open the SXCP Page at The Online Investor (in a new window) »
 Free SXCP Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
