Merger

Gloucester Not in a Hurry with Yanzhou Merger


Gloucester Coal (GCL) is not in a hurry in its merger with Yanzhou Coal Mining Co. as it waits for the latter to complete inspecting its books before making a decision if they will recommend Yanzhou's $2 billion offer.

Gloucester Resumes Trading, Shares Jump


Shares of Gloucester Coal (GCL) jumped by $1.82 to $8.83 at 1107 AEDT as it resumes from a trading halt since Tuesday. The Australian coal miner shares climbed to as much as 27.3 per cent in the morning trade after it announced the merger proposal with China's Yanzhou Coal Mining Co.

Gloucester Halts Share Trading, Works on Yanzhou Merger


Gloucester Coal (GCL) shares are on a trading halt since Tuesday as the coal miner currently works on a possible merger with China's Yanzhou Coal Mining Co. The deal is believed to give the Australian coal miner a value of $2 billion.

Bega Cheese Merges with Tatura Milk


Australian dairy company Bega Cheese (BGA) is only a few steps away from being the full owner of Victoria-based dairy foods manufacturer Tatura Milk Industries (TMI) after the shareholders met at Mooroopna to amend the TMI constitution to allow the merger with Bega Cheese

Whitehaven Approves $5.1b Merger Deal with Aston


Whitehaven Coal (WHC) has announced today its approval of the $2.3 billion deal to merge with another Australian coal miner Aston Resources (AZT) after confirming last week its merger talks. The merger is expected

Whitehaven and Aston Confirms Merger Talks


Whitehaven Coal (WHC) and Aston Resources (AZT) confirm that both the coal miners are in discussions for a possible $ 4.65 billion merger. A deal like such can bring a combined company to the first rank of Australian coal producers.

Centro Retail Trust Holds a More Peaceful AGM


Centro Retail Group (CER) shareholders today faces a peaceful annual general meeting after a heated incident last week regarding the company's plan to merge with Centro Properties Group (CNP). Many shareholders were not very happy with the agreement that they will have to pay 5.03 per share if the amalgamation plan passes the court.

Austar, Still Positive With Foxtel's Delay


Competition watchdog Australian Competition and Consumer Commission (ACCC) has announced a delay yet again with the decision of Foxtel's $1.9 takeover for Austar United Communicaions (AUN) at the request of Foxtel.

The Rock Building Society Agrees with MyState Merging


Shareholders of The Rock Building Society (ROK) have agreed via voting to merge with Tasmania's largest financial group MyState (MYS). 98% of the shareholders of ROK were all in favour of the merging of the two companies.

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