Yanzhou Coal Reaches $2.9B Deal For Felix
Both companies announced the deal Thursday in the wake of rampant speculation that an agreement was pending. Under the terms of the deal, Yanzhou will pay Felix shareholders A$16.95 ($14.27) per share. Shareholders will also receive dividends of A$1.00 ($0.84) per share.
Yanzhou said the offer would be financed from...
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