China Baowu Steel to acquire 51% stake in Magang
2019-06-03 18:29:34
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On May 31, China Baowu Steel Group signed a deal to acquire 51% stake in Magang Group Holding Co.Asian Metal Copyright54% of the shares of Maanshan Iron Steel, making it the company's controlling shareholder, and the company's actual controller will become State-owned Assets Supervision and Administration Commission, with Magang Group remaining as the direct shareholder.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn May 31, China Baowu Steel Group signed a deal to acquire 51% stake in Magang Group Holding Co.Asian Metal Copyright which is currently 100% owned by Anhui Provincial State-owned Assets Supervision and Administration Commission, according to a statement made by Maanshan Iron & Steel Co.Asian Metal Copyright After the transaction, Baowu will also indirectly hold 45.Asian Metal Copyright, Ltd.Asian Metal Copyright which is currently 100% owned by Anhui Provincial State-owned Assets Supervision and Administration Commission, according to a statement made by Maanshan Iron Steel Co.Asian Metal Copyright ("the company") on June 2.Asian Metal Copyright54% of the shares of Maanshan Iron Steel, making it the company's controlling shareholder, and the company's actual controller will become State-owned Assets Supervision and Administration Commission, with Magang Group remaining as the direct shareholder.Asian Metal Copyright After the transaction, Baowu will also indirectly hold 45.Asian Metal Copyright54% of the shares of Maanshan Iron Steel, making it the company's controlling shareholder, and the company's actual controller will become State-owned Assets Supervision and Administration Commission, with Magang Group remaining as the direct shareholder.Asian Metal Copyright54% of the shares of Maanshan Iron & Steel, making it the company's controlling shareholder, and the company's actual controller will become State-owned Assets Supervision and Administration Commission, with Magang Group remaining as the direct shareholder.
.Asian Metal Copyright "the company" on June 2Asian Metal Copyright
