KPMG May Sell Powerfuel Coal, CO2 Capture Businesses
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KPMG International, administrator for Powerfuel Plc, said it may sell the mining and power businesses within three months.
“We’ll run a normal sale of the business to get the best price,” Richard Fleming, U.K. head of restructuring at KPMG, said in a phone interview from London. “The existing shareholders may make an offer on the businesses and we’d take the best offer,” Fleming said.