8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

TerraCom closes Universal Coal acquisition

2020-03-27 12:01:05   【Print】
Australian coal miner TerraCom Ltd.Asian Metal Copyright Universal Coal's de-listing process from the Australian stock exchange will begin within the next few weeks, TerraCom added.Asian Metal Copyright said on Friday it had completed its unsolicited offer to acquire UK-based Universal Coal PLC for A$175 million ($105.Asian Metal Copyright said on Friday it had completed its unsolicited offer to acquire UK-based Universal Coal PLC for A$175 million $105.Asian Metal Copyright81 million).

TerraCom, already the largest shareholder in Universal Coal, said it had received 90% of acceptances related to Universal Coal's outstanding shares and would now acquire the rest.

Universal Coal's de-listing process from the Australian stock exchange will begin within the next few weeks, TerraCom added.

TerraCom had offered to acquire the shares it did not own in Universal Coal in early February, an approach that was rebuffed by Universal Coal on the grounds it "significantly undervalued" the coal miner.

Under the cash-and-stock deal, each shareholder of Universal Coal was offered 10 cents in cash and about 0.6026 new TerraCom shares.

.Asian Metal Copyright TerraCom, already the largest shareholder in Universal Coal, said it had received 90% of acceptances related to Universal Coal's outstanding shares and would now acquire the rest.Asian Metal Copyright