Breakfast Deals: Yanzhou fire

China's Yanzhou thinks it can make a good case for its Yancoal Australia takeover bid, while the value of ANZ Bank's hybrid offer swells as investors roll in.

Yanzhou Coal Mining surprised many when it pulled off takeovers of Gloucester Coal and Felix Resources, but the Chinese giant's latest proposal will test new limits. Elsewhere, ANZ Bank and Goodman Group see strong support in separate capital raisings, and Australian fund managers consider the merits of New Zealand's Z Energy.

Yanzhou Coal Mining, Yancoal Australia


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