Tuesday, 9 July 2013

UPDATE 1-Yanzhou offers to take Yancoal private, deal to face scrutiny

* Deal appears to run counter to FIRB requirements* FIRB requires Yanzhou to own less than 70 pct of Yancoal* Coal prices have slumped, making coal assets cheaper (Adds details on offer, analyst comment)SYDNEY, July 9 (Reuters) – China’s Yanzhou Coal Mining Company Ltd offered to buy...UPDATE 1-Yanzhou offers to take Yancoal private, deal to face scrutiny

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