M&A

Mitsubishi accepts Yancoal offer

Mitsubishi has accepted Yancoal's "tag-along" offer for Rio Tinto coal mines

Kristie Batten
Mitsubishi accepts Yancoal offer

It was a condition of Yancoal’s US$2.45 billion bid for Rio’s stake that it make a tag-along offer to minority partner Mitsubishi. Mitsubishi has agreed to sell the stake to Yancoal for $710 million,...

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