APAC Coal on Goyes Group acquisition
Published by Angharad Lock,
Digital Assistant Editor
World Coal,
APAC Coal Ltd has announced that the company has entered into a share purchase agreement to acquire the holding company of the Goyes Group. The acquisition was subject to a number of conditions, one of which was that the company re-comply with Chapters 1 and 2 of the ASX Listing Rules.
The company has been advised by the ASX that due to the structure and nature of the transaction, it is not likely that the new merged group will meet the ASX requirements. Consequently, the company will not proceed with the acquisition.
Read the article online at: https://www.worldcoal.com/coal/24022017/apac-coal-on-goyes-group-acquisition/
You might also like
South Walker Creek mining services agreement
NRW Holdings’ wholly owned subsidiary, Golding Contractors, has signed a mining services agreement with Stanmore SMC at the South Walker Creek Mine in Central Queensland.