Investment Updates News
- Haihua parent eyes strategic investor
Date: 16-Mar-2007 Sources: (Shenzhen Daily)
SHENZHEN-LISTED soda ash maker Shandong Haihua said Thursday its parent was in talks to bring in a strategic investor.
Shandong Haihua said that its parent, Shandong Haihua Group, was planning to boost its capital, but any new strategic investor etails were given. The company issued the statewould not become the majority owner of the group. No further dment in response to recent media reports that U.S. buyout firm Carlyle was eyeing a stake in the chemical company.
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