Skip navigation

Current DateTime: 11:10:45 05 Dec 2008
LinksList Documentid: 24890560
  • Predictions '09

      Find out what trends, events, people and forces are likely to shape the world of business in 2009.

  • Holiday Central

      Your one stop destination for all the latest retail news, blog reports, shopping tips and holiday slideshows.

  • Wall Street In Crisis

      With shock after shock to the world's financial system, the credit crunch continues to drive a major reconfiguration of the Wall Street landscape.

Australia's Felix in talks with Yanzhou-source
By AFX | 05 Dec 2008 | 12:43 AM ET
Text Size

SYDNEY, Dec 5 (Reuters) - China's Yanzhou Coal Mining Co Ltd is in talks with Australian coal producer Felix Resources Ltd on a possible takeover, a source familiar with process told Reuters on Friday. The source declined to be identified as the discussions were confidential. Felix declined to comment. Earlier, the Australian Financial Review said Yanzhou was in talks to buy Felix for more than A$3 billion ($1.9 billion). ($1=A$1.53) (Reporting by Denny Thomas;) Keywords: FELIX/YANZHOU SHARES (denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging: denny.thomas.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis