SOLID fuel distributor Hargreaves Services has bought the debt of troubled coal miner ATH Resources.
The debt – owned by ATH's main operating subsidiary Aardvark TMC and other companies within the group – had a face value of £12.5 million and was owned by private equity firm Better Capital.
Durham-based Hargreaves said it has paid £5m in cash for the debt and plans to restructure the Aardvark business.
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