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China makes another commodities acquisition that will help fuel its growth as Ausralia's...

China makes another commodities acquisition that will help fuel its growth as Ausralia's Gloucester Coal confirms it's being bought by Yanzhou Coal (YZC) for around A$2.1B ($2.1B). The deal values Gloucester at up to A$10.16 a share, a 45% premium to its price Monday when trading was halted. (PR .pdf) (previous)
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