The listed flagship companies of state-owned coal giant Shenhua Group and power major China Guodian Group have proposed to merge their coal-fired power assets, worth over US$9.05 billion. The merged entity will be known as China Energy Group. Photo: Reuters
China Shenhua and GD Power plan merger of coal assets

The resultant China Energy Group will have total assets worth over US$9.05 billion

20 Jul 2018 - 2:55PM