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China to host world s two largest IPOs of the year

China to host world s two largest IPOs of the year

Three Gorges nears $2 7 billion unit stake sale to CNIC, GIC

The Straits Times Published9 hours ago https://str.sg/3JvM They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. Let s go! BEIJING (BLOOMBERG) - A consortium that includes CNIC Corp and Singapore s GIC are nearing a deal with China Three Gorges Corp for a 25 per cent stake in its overseas asset portfolio that could be valued at as much as US$2 billion (S$2.7 billion), according to sources familiar with the matter.

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