Yancoal spurns $1.8bn takeover offer from China’s Yankuang
Following the rejection, Yankuang said it was open to negotiations to acquire the remaining shares in Yancoal Australia.

Following the rejection, Yankuang said it was open to negotiations to acquire the remaining shares in Yancoal Australia.
The commodity firm considers the offer from Yankuang as ‘too low’ as it significantly undervalues the asset.
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