China has entered into the takeover battle for coal company Rocklands Richfield with Meijin Energy Group proposing a $154 million offer, trumping India's Jindal Steel and Power's $144 million offer.

China has entered into the takeover battle for coal company Rocklands Richfield with Meijin Energy Group proposing a $154 million offer, trumping India's Jindal Steel and Power's $144 million offer.