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Baowu Steel to acquire 51% stake in TISCO · Endata

◂ Announcements

Aug 21, 2020ACQUISITIONChina

Baowu Steel to acquire 51% stake in TISCO

Baowu Steel will take over stainless steel maker Taiyuan Iron & Steel Group (TISCO) by acquiring a 51% stake, as reported by Reuters.

Status

Announced

Productsstainless steel

CompaniesTaiyuan Iron and Steel Group target Baowu Steel acquirer

Sectors#Steel and Metal Products

“Baowu Steel will take over stainless steel maker Taiyuan Iron & Steel Group Co Ltd (TISCO), Reuters reported.”agmetalminer.com

1 source
agmetalminer.comThis Morning in Metals: China's Baowu to take majority stake in TISCO - MetalMinerFouad EgbariaAug 21, 2020

Summarized from public sources; check the original articles before acting on it.

More from Taiyuan Iron and Steel Group

Aug 21, 2020ACQUISITIONChina$2.10B
China Baowu Steel to take 51% stake in stainless steelmaker TISCO
China Baowu Steel Group acquirer Taiyuan Iron and Steel Group target thestar.com.my
Jun 10, 2020CONTRACTChina
TISCO orders two lines from Fives for GOES plant
Taiyuan Iron and Steel Group Fives supplier seaisi.org

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