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Glencore expected to dismiss bid for Yancoal Australia stake

Cecilia Jamasmie | June 02, 2022 | 3:57 am News Top Companies Australia China Coal 

Glencore (LON: GLEN) is expected to dismiss a $3.60 per share offer for its minority stake in Yancoal Australia (ASX: YAL) as it considers the Chinese majority owner’s bid for the coal producer offensively low. Yankuang Energy Group made an offer...

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