From: www.thechinaperspective.com
July 02, 2008 16:24 Beijing Time
Datang Huayin Electric Power Co (600744.SH) will purchase a 100% stake in Xidong Energy Development Co, the Securities Times reported. Datang Huayin originally proposed four months ago to buy a 90% stake in Xidong, a unit of Inner Mongolia Haishen Coal Group, for US$66.91 million (RMB459 million). The newspaper said the change was due to the seller but gave no further details.
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