BEIJING (AFX-ASIA) – Swiss-Swedish engineering group ABB is in talks to take a stake in Shanghai Electric Group’s overseas listing vehicle, which was recently spun off in preparation for a Hong Kong listing, the South China Morning Post reported citing Peter Leupp, chairman and president of ABB’s China division. “We are in discussions with Shanghai…
CHINA: ABB in talks to buy stake in Shanghai Electric IPO vehicle
Posted on April 8, 2004 by EnergyAsia