China Shipbuilding to Acquire Stakes In

China Shipbuilding to Acquire Stakes In Subsidiaries

Wednesday, June 22, 2011

According to a report from Capital Vue, China Shipbuilding Industry (601989), a major producer of large marine diesel engines, said it won approval from the State-owned Assets Supervision and Administration Commission to acquire stakes in seven subsidiaries belonging to its parent, China Shipbuilding Industry Corporation (CSIC).

Source: Capital Vue

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