8th World Antimony Forum
Jun 11-12, 2020
Guiyang, Guizhou, China
12th Rare Earth Summit
May 18-19, 2020
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 14-15, 2020
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 16-17, 2020
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
Mar 12-13, 2020
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Magang's 51% share transfer passes antitrust scrutiny of Germany and South Korea
2019-07-31 17:09:37 【Print】
Assets Supervision and Administration Commission of Anhui will transfer 51% shares of Magang (Group) Holding Co., Ltd. to China Baowu Steel Corporation Limited (China Baowu) for free. On late 30 July, 2019, Masteel Group announced the case passed antitrust scrutiny of Germany and South Korea.
China Baowu submitted the share transfer notice to Federal Cartel Office in Germany on 5 July which issued approval letter on 29 July and affirmed the transfer.
China Baowu also submitted the share transfer notice to Korea Fair Trade Commission (KFTC) on 8 July which issued approval letter on 26 July. KFTC affirmed that the transfer doesn't infringe the regulation under the Law on Anti-monopoly and First Trade; but if there is any significant change on the previous notice, China Baowu should report it to KFTC immediately.
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China Baowu submitted the share transfer notice to Federal Cartel Office in Germany on 5 July which issued approval letter on 29 July and affirmed the transfer.
China Baowu also submitted the share transfer notice to Korea Fair Trade Commission (KFTC) on 8 July which issued approval letter on 26 July. KFTC affirmed that the transfer doesn't infringe the regulation under the Law on Anti-monopoly and First Trade; but if there is any significant change on the previous notice, China Baowu should report it to KFTC immediately.
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