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| Last Updated: Tuesday, March 2nd, 2010 |
| Jinan Iron and Steel, Shandong, China, will acquire Laiwu Steel Corp., another Shandong-based steelmaker, in a US$1.65 billion share swap, the South China Morning Post reported.The acquisition, which also will see Jinan buy assets worth US$1.69 billion from its parent and Laiwu’s parent, was made in response to Beijing... Get instant access to the rest of this article and all of Skillings.net when you subscribe to Skillings Mining Review today. Already a member? Login here. |
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