SYDNEY, Aug 10 (Reuters) – China&os;s Yanzhou Coal has agreed to buy coal miner Felix Resources Ltd, a source said, in a deal worth up to $3.3 billion that underscores China&os;s growing interest in Australia&os;s resources sector. The potential takeover …
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Posted August 10th, 2009
Posted August 9th, 2009
CHINA&os;S Yanzhou Coal Mining has made a takeover bid for Felix Resources in a deal agreed by both parties, a person familiar with the situation said today. Coal stockpiling at Felix Resources¿ facilities in Ashton, NSW. Picture: Bloomberg The person …
Posted August 9th, 2009
SYDNEY, Aug 10 (Reuters) – China&os;s Yanzhou Coal has reached an agreement to buy Australian coal miner Felix Resources Ltd, a source briefed on the matter told Reuters on Monday, in a deal that could be worth up to A$4 billion ($3.3 billion). The …
Posted August 9th, 2009
SYDNEY (Reuters) – China&os;s Yanzhou Coal ( 1171.HK ) has reached an agreement to buy Australian coal miner Felix Resources Ltd ( FLX.AX ), a source briefed on the matter told Reuters on Monday, in a deal that could be worth up to A$4 billion ($3.3 …
Posted August 9th, 2009
CHINA&os;S Yanzhou Coal Mining has made a takeover bid for Felix Resources in a deal agreed by both parties, a person familiar with the situation said today. The person said the offer was pitched below $20 a share. They last traded at $16.90, giving the …