Hong Kong-listed Winsway Coking Coal Holdings Ltd said it has completed the purchase of Canadian coal miner Grand Cache Coal Corp in a deal worth nearly $1 billion.
In a filing to the Hong Kong bourse on Friday, Winsway said completion of the deal took place on March 1, as all the conditions precedent to the completion of the deal had been satisfied, and it had obtaied approval from shareholders in a shareholder meeting on Feb. 28.