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Yancoal Australia rejects $1.8bn takeover bid from China’s Yankuang

Cecilia Jamasmie | June 07, 2022 | 3:51 am Energy Markets Australia China Coal 

Yancoal Australia (ASX: YAL) rejected on Tuesday a $1.8 billion takeover bid from its largest shareholder, saying that both the value and the proposed structure of the deal were not in the best interests of its minority shareholders. China’s Yankuang...

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