(EnergyAsia, December 10 2010, Friday) — Chinese state-owned Guangdong Rising Assets Management (GRAM) expects to complete its takeover of UK-listed coal miner Caledon Resources for £251.6 million by the end of the year. Early last month, GRAM unveiled an unsolicited offer to acquire Caledon at a generous 53% premium over a 20-trading day average price….

This article is for Subscriber members only.
Register
Already a member? Log in here