Gloucester/Yancoal merger

Gloucester Coal and Yancoal Australia may get hitched after all

Gloucester Coal is recommending that its shareholders approve a merger with China's state-owned Yancoal Australia.
<div style="text-align: left;"> The merger between Gloucester and Yancoal will create the biggest independent coal producer in Australia </div>
<div style="text-align: left;"> The merger between Gloucester and Yancoal will create the biggest independent coal producer in Australia </div>
March 07, 2012

Gloucester Coal is recommending that its shareholders approve a merger with China’s state-owned Yancoal Australia, despite a smaller cash payment than first offered.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media