Minmetals Development to Buy Units for $1.64 Billion
Minmetals Development Co. (600058), a Chinese importer and exporter of metals and minerals, plans to buy iron-ore assets for 9.9 billion yuan ($1.6 billion) from its controlling shareholder.
Read more at: http://www.bloomberg.com/news/2014-01-03/minmetals-development-to-buy-iron-ore-units-for-1-64-billion.html
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