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11 Mar
00:00

Hebei and Duferco face EU Commission scrutiny over merger proposal

The European Commission is inviting comment on the proposed union of China’s Hebei Iron & Steel Group (Hegang) and Duferco International Trading Holding, having received official notification of the deal on 3 March. The deal sets the way for Hebei and Duferco Participations Holding (DPH), based in Luxembourg to acquire joint control of Duferco International Trading Holding (DITH), also registered in Luxembourg by way of purchasing shares. DITH is c…
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