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China Shenhua in line for year's 2nd largest IPO
By STAFF EDITOR
Published: July 05, 2007 05:58 PM
China’s largest coal producer, Shenhua Energy, could raise up to US$6.7 billion (RMB51 billion) in an IPO on the Shanghai Stock Exchange in what would be the world's second-largest share sale this year, and the biggest in China, the Shanghai Securities News reported. Shenhua plans to sell up to 1.8 billion shares to fund acquisitions at home ...
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