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Rio Tinto sells coal assets to China's Yancoal for up to $2.45 billion

SYDNEY/LONDON (Reuters) - Rio Tinto Plc has agreed to sell its Australian unit Coal & Allied Industries Ltd to Chinese government-controlled Yancoal Australia Ltd for up to $2.45 billion in cash, it... [Source]

Publication Date:

Origin: reuters.com

Category: innovationNews

Topics: billion, Yancoal, Tinto, Australia, government-controlled, Chinese, Industries, Allied, Australian, agreed, (Reuters), SYDNEY/LONDON, China's, assets, sells

Source: http://feeds.reuters.com/~r/news/deals/~3/LHZTPCnYBO8/us-rio-tinto-m-a-yancoal-idUSKBN1581DY