12
Sep
11:36
Yankuang terminates Yancoal takeover plan
China’s coal mining firm Yankuang Energy has dropped its plan to acquire remaining shares in its Australian coal subsidiary Yancoal Australia, Kallanish notes.
Yankuang Energy says, in light of the recent market conditions, it will terminate the potential transactions.
“Yankuang Energy reserves the right to make future acquisitions of Yancoal shares subject to and in accordance with the takeovers code and other relevant regulatory requirements,&rdquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous