Yanzhou bids to buy out Australian mining unit

Yanzhou bids to buy out Australian mining unit

South China Morning Post Mainland group seeks to acquire full control of Yancoal amid weak prices for coal but the move is expected to face stiff opposition. Yanzhou Coal Mining has proposed taking its Australian unit private for about A$180 million (HK$1.26 billion),...
Tokai completes buy-out of Produflex

Tokai completes buy-out of Produflex

Rubber Journal Asia JAPANESE firm Tokai Rubber Industries, Ltd has completed the purchase of all the outstanding quotas of Brazil-based Produflex Minas Indústria de Borrachas Ltda. This is the second acquisition of automotive anti-vibration rubber manufacturers by TRI...