Wednesday, September 21, 2016

China Benxi Steel no longer in stake auction list amid talk of merger

SHANGHAI, Sept 21 (Reuters) - China's Benxi Iron and Steel

Group is no longer part of an auction to sell stakes in

state-owned firms to strategic investors, an official list

shows, amid rumours that a long postponed merger with local

rival Anshan Iron and Steel (Angang) is set to resume.

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