(EnergyAsia, February 15 2012, Wednesday) — Winsway Coking Coal Holdings said its 60/40 venture with Japan’s Marubeni Corp Ltd has received Hong Kong Stock Exchange approval to acquire Canada’s Grande Cache Coal for C$1 billion. (US$1=C$1).The acquisition of the Calgary-based miner will only be completed after the Hong Kong-listed company puts it to a vote…
CHINA: HKSE approved Winsway-Marubeni’s C$1 billion takeover of Canada’s Grande Cache Coal
Posted on February 15, 2012 by EnergyAsia