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Shanghai Electric Group Co Ltd to purchase equity interest in AEN


Friday, 9 May 2014 09:56am EDT 

Shanghai Electric Group Co Ltd:Has agreed to purchase, 40 pct equity interest in AEN (Ansaldo Engergia S.p.A) for a cash consideration of 400 million Euros (about HK$4.3 billion).After the completion of the proposed acquisition, the company will become the only shareholder with industry background of AEN. 

Company Quote

4.13
-0.23 -5.28%
3:59am EDT