Private Chinese company China Kingho Energy has offered a hefty 110 per cent premium in a A$66 million (HK$463 million) bid for Australian coal explorer Carabella Resources, which said on Thursday it had also received expressions of interest from other parties.
via Business feed http://www.scmp.com/business/commodities/article/1373665/chinese-firm-offers-premium-australian-coal-explorer
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