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Cash seen trumping politics in China Grid bid for German 50hertz

FRANKFURT/PARIS State Grid Corporation of China's (SGCC) [STGRD.UL] deep pockets will likely overcome any German political resistance to a bid for 20 percent of power network firm 50Hertz, industry sources said, the latest sign of Chinese interest in the German market.

Cash seen trumping politics in China Grid bid for German 50hertz

FRANKFURT/PARIS, Feb 26 State Grid Corporation of China's (SGCC) deep pockets will likely overcome any German political resistance to a bid for 20 percent of power network firm 50Hertz, industry sources said, the latest sign of Chinese interest in the German market.

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