Baosteel plans to acquire 48.6% equity in Shandong Steel Rizhao

Baosteel plans to invest RMB 10.703 billion ($1.5 billion) to acquire 48.6139% equity in Shandong Steel Rizhao Co., Ltd., aiming to enhance its market impact in northern China.

“Baosteel has announced that it plans to invest RMB 10.703 billion to acquire 48.6139 percent equity in Shandong Steel Rizhao Co.”steelorbis.com

• 1 source
• steelorbis.comBaosteel plans to acquire 48.6139% equity in Shandong Steel Rizhao Co.Eunice OuyangDec 8, 2023

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