Deals
Warburg Shuts Mining Company Anemka That Bought No Assets
- Anemka was formed in 2015 to acquire and operate mining assets
- Warburg-backed firm had bid for Anglo coal assets in Australia
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Warburg Pincus has shut down a company formed two years ago with a top industry executive to buy and operate mining assets, according to people familiar with the matter.
Anemka Resources ceased operations after failing to acquire any assets, the people said, asking not to be identified as the information is private. Peter Kukielski, the former ArcelorMittal executive who was in charge of running Anemka, will leave the firm as part of the move, the people said.