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The state-owned aluminium producer offers $926 million for up to 60% of the Mongolia-focused coal miner through a tender offer as it steps up its diversification strategy.
By Aiko Hayashi | 3 April 2012
Hongqiao raises less than half it originally planned to, but bankers are relieved as the Chinese aluminium producer successfully launches in a choppy market.
By Lillian Liu | 21 March 2011
Chinese aluminium producer Hongqiao revives its planned IPO, but trims the deal size by more than half.
By Lillian Liu | 16 March 2011
The Chinese aluminium producer hopes to raise up to $2.2 billion from a Hong Kong IPO that is set to close before the Chinese New Year holiday.
By Lillian Liu | 25 January 2011
The Hong Kong stock exchange wants more time to go through the listing documentation, sources say, leaving no room for the Russian aluminium giant to go public before year end.
By Anette Jönsson | 9 December 2009
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May 2012