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Baoshan Steel To Acquire Assets From Parent
600019.SH, Baoshan Iron & Steel Co., Ltd., Baoshan Steel, Shanghai Baosteel Group Corporation
Posted by: Li Jun on Dec 12, 2007 | 14:12
Editorial Summary
Shanghai Baosteel Group Corporation's subsidiary Baoshan Iron & Steel Co., Ltd. (600019.SH) announced on Wednesday that the company will acquire Baoshan Luojing Project for 14.3 billion Yuan from Baosteel Group, according to a filing with the Shanghai Stock Exchange. Shares of Baoshan Steel rose 0.77 percent to close at 17.01 Yuan on Wednesday.
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