RIO rio tinto limited

News: RIO Yanzhou coal mining updates on acquisition of Coal & Allied from Rio Tinto

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    May 24 (Reuters) - Yanzhou Coal Mining Co Ltd 600188.SS

    • Yancoal Australia made Tag-along Offer to HVOR on to acquire participating interest
    • Offer to acquire participating interest fulfilling relevant obligations under spa and hvo jv agreement with a price of US$710 million
    • If HVOR accepts Tag-along Offer, Yancoal Australia and HVOR will sign a binding agreement regarding tag transaction
    • Refers to announcement by co in relation to acquisition of all of C&A's issued share capital from Rio Tinto group by Yancoal Australia
 
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