chinese-coal-miner-yanzhou-tables-3-billion-offer-for-australias-felix-resources

Chinese coal miner Yanzhou tables $3 billion offer for Australia's Felix Resources

Yanzhou Coal values Brisbane-based coal miner Felix Resources at $2.98 billion and secures the backing of the Felix board and controlling shareholders.

Sameera Anand

August 17, 2009

China's Yanzhou Coal on Thursday tabled a bid for Felix Resources, valuing the Brisbane-based coal miner at A$3.54 billion ($2.98 billion).

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