China Corporate News: Yancoal Australia to Buy Cloucester; Baidu Launches Own Smartphone
Yancoal Australia to Buy Cloucester Yanzhou Coal Mining Co , China's third biggest coal producer by market value, plans to buy Australia's Gloucester Coal Ltd for at least $2 billion, Bloomberg reported, citing a person with knowledge of the matter.Full Story
#1 Dec 21, 2011
Lots of Cash.
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