Gloucester/Yancoal merger

Gloucester Coal and Yancoal Australia may get hitched after all

Gloucester Coal is recommending that its shareholders approve a merger with China's state-owned Yancoal Australia.

<div style="text-align: left;"> The merger between Gloucester and Yancoal will create the biggest independent coal producer in Australia </div>

Lara Wozniak

March 07, 2012

Gloucester Coal is recommending that its shareholders approve a merger with China’s state-owned Yancoal Australia, despite a smaller cash payment than first offered.

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