Reuters logo
1 个月内
BRIEF-Yancoal Australia further amends its agreement to acquire Coal & Allied
2017年6月26日 / 上午10点12分 / 1 个月内

BRIEF-Yancoal Australia further amends its agreement to acquire Coal & Allied

1 分钟阅读

June 26 (Reuters) - Yancoal Australia Ltd

* Has further amended its sale and purchase agreement to acquire 100 pct of Coal & Allied Industries associated royalty arrangements

* Deal has additional value of $US240 million via updated royalty payments across five years

* ‍Purchase price remains US$2.45 billion, payable in full on completion​

* Yankuang has also increased its financial support in relation to deposit arrangements in support of transaction

* Yankuang will now provide a US$125 million bank guarantee towards deposit arrangements, in addition to US$100 million deposit

* Yancoal has obtained New South Wales Government approvals required for transaction Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below