Basic Materials
Wednesday, June 29, 2016
China's BBMG to sell stakes in cement-related units to Jidong Cement
SINGAPORE, June 29 (Reuters) - China's building materials
supplier BBMG Corp plans to sell stakes in
31 cement-related units valued at 15.5 billion yuan ($2.3
billion) to Jidong Cement as part of Beijing's plans
to consolidate the sector.
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