Exclusive: PAG plans $10 billion merger, offshore IPO of Chinese gases assets – sources
HONG KONG (Reuters) – Private equity firm PAG plans to merge its two Chinese industrial gases portfolio companies and seek an offshore listing for the combined entity estimated to be worth more than $10 billion, two people with knowledge of the matter said. Hong Kong-based PAG is discussing with banks a plan to combine Yingde Gases Group with Shanghai Baosteel […]
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