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China said to mull over three mega power firms in 5.9t yuan remix

Proposal for mergers of unlisted parent firms hasn't been finalised and is subject to change, add sources
Tue, May 09, 2017 - 5:50 AM

Beijing

CHINA is considering plans to create three power giants through mergers of eight coal-fired and nuclear generators with combined assets of almost 5.9 trillion yuan (S$1.2 trillion), according to people with knowledge of the plan.

The proposal, which is only one option being...

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