29
Dec
14:51
Baowu hosts Tisco after acquisition
Taiyuan Iron and Steel (Tisco) Group listed subsidiary Tisco Stainless says its controlling shareholder has been officially changed to China Baowu Group. This follows the completion of industrial and commercial registration procedures.
This also means that after signing the equity transfer agreement in August, Baowu has officially entered as a stakeholder in Tisco Group, Kallanish notes.
China Baowu now holds 51% of Tisco Group, becoming the controlling…
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