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15 Jun
08:27

Zhongyuan Special Steel nears merger deal with Cofco

Zhongyuan Special Steel (Zysco) has reported that its merger deal with China Oil & Food Stuffs Corporation (Cofco) has been approved by the State-owned Assets Supervision and Administration Commission of the State Council (Sasac). This is according to an announcement on the Shenzhen Stock Exchange on 12 June. The deal was also approved by Zysco itself on the same day following a shareholders’ meeting. The company now only needs to obtain appr…
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