It is reported that Hunan Nonferrous Metals Corporation subsidiary, Zhuzhou Cemented Carbide Group purchased 48.5 million shares or a 19.4% stake of Zhuzhou Cemented Carbide Cutting Tools for CNY 195 million.
Before the purchase, ZCG held 112 million shares of ZCCT accounting for a 44.75%
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Thursday, December 16, 2010
Hunan Metals buys CNY 195 million of metal alloy assets
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