SYDNEY : Canberra on Thursday approved a multibillion dollar tie-up between Gloucester Coal and China's Yancoal, clearing the way for a deal that will create Australia's largest listed coal firm.
Treasurer Wayne Swan said the country's foreign investments watchdog had green-lighted the deal under strict conditions that the new company remain headquartered in Australia and list on the stock exchange by the end of 2012.
How to value SaaS companies? A Guide for Investors
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Earlier, we shared that Software-as-a-service (Saas) is changing the way
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