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China-backed Yancoal Australia Ltd. will raise $2.5 billion in equity to fund the purchase of Rio Tinto Group’s Australian coal assets, with its parent Yanzhou Coal Mining Co. tipping in $1 billion.
Hong Kong, January 26, 2017-- Moody's Investors Service says that Yanzhou Coal Mining Company Limited's ratings and negative outlook are unaffected by Yancoal Australia Limited's proposed acquisition of ...
Company aims to reduce complexity and costs. HKSE: 1171) announced today that it intends to delist its American Depositary Shares ("ADSs") representing the Company's H Shares from the New York Stock Exchange ("NYSE") and to deregister and terminate its reporting obligations with the Securities and Exchange Commission ("SEC").