20
Sep
06:53
Angang's listed company approves Chaoyang Steel acquisition
At the second extraordinary shareholders meeting of Anshan Iron & Steel's (Angang) listed company held on 17 September, the acquisition of Chaoyang Iron & Steel was approved by the shareholders. This marks the final stage of the transaction, Kallanish notes.
Following completion of the acquisition, Angang expects to increase the capacity and optimise the production structure of its new subsidiary. Chaoyang Iron & Steel is in the Bo…
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