Yanzhou gains green light to take all of Australia unit

Australia has ruled that China's state-owned Yanzhou Coal Mining does not need to cut its stake in local unit Yancoal Australia to below 70 per cent and instead can move to 100 per cent ownership.

via Business feed http://www.scmp.com/business/commodities/article/1378573/yanzhou-gains-green-light-take-all-australia-unit