Takeover completed, Grande Cache to delist from TSX soon

Calgary based Grande Cache Coal said on Thursday its C$1-billion acquisition by Hong Kong-listed and Japan’s Marubeni Corporation had closed. The company, which owns coal mines in west-central Alberta, said its shares would be delisted from the...

Grande Cache gets Ottawa's nod for sale

Canada’s Ministry of Industry has cleared the proposed C$1-billion buyout of Grande Cache Coal, which owns mines in Alberta, by a Chinese and Japanese consortium, the TSX-listed company said on Wednesday. Under the Investment Canada Act, Ottowa...

Grande Cache says C$1bn buyout still on

TSX-listed Grande Cache Coal said on Thursday it had “no reason to believe” that a report alleging fraud at the Hong Kong-listed firm which agreed to buy it had merit. Calgary-based Grande Cache added it was still working with acquirers...

Grande Cache managers face insider trading allegations

Certain directors and former officers of Grande Cache Coal, which on October 31 became the subject of a $1-billion bid, are due to appear in an insider trading hearing, the Alberta Securities Commission (ASC) said on Thursday. The watchdog...