A takeover will create the world’s second-largest steel producer, and may offer a guide to more mergers and acquisitions being considered to advance economic reform
Baosteel Iron and Steel's proposed takeover of Wuhan Iron and Steel – part of China's attempt to consolidate its steel industry and remove excess capacity – may offer a model for other mergers and acquisitions under consideration to bring about supply-side reform.
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Thursday, October 20
Oct 20, 2016