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China s Shandong Yulong Gold to buy Australia s Barto for $188 million in debt
Reuters
5/03/2021
(Reuters) - Shandong Yulong Gold Co said on Friday it had agreed to acquire Australian gold miner Barto Industry Co from fellow Chinese firm Shandong Tianye by assuming the target company s debt of 1.22 billion yuan ($188 million).
Shandong Yulong Gold, which used to make steel pipes before changing its name and business focus, said in a statement to the Shanghai Stock Exchange its Lanjing Mining subsidiary would acquire 100% of Barto and control its gold mining operations in Western Australia.
The deal still requires a number of approvals, including from Australia s Foreign Investment Review Board, the filing said. Developed gold-rich countries such as Australia and Canada have increased their scrutiny of transactions made by acquisitive Chinese firms over the past year. ....

Southern Cross , Western Australia , Paul Simao , Shandong Tianye , Tom Daly , Shandong Yulong Gold Co , Barto Industry Co , Shanghai Stock Exchange , Yulong Gold , Lanjing Mining , Foreign Investment Review Board , West Perth Based , Minjar Gold , தெற்கு குறுக்கு , மேற்கு ஆஸ்திரேலியா , பால் சீமாோ , டோம் டேலி , சாண்டோங் யுளோங் தங்கம் இணை , பார்டோ தொழில் இணை , ஷாங்காய் ஸ்டாக் பரிமாற்றம் , யுளோங் தங்கம் , வெளிநாட்டு முதலீடு விமர்சனம் பலகை , மேற்கு பெர்த் அடிப்படையிலானது ,