Shenhua Group Corporation and China Guodian Merge their Businesses
Shenhua Group Corporation Limited, an energy and mining company, and China Guodian Corporation, a power generation company, have merged their businesses. According to the agreement terms, Shenhua Group will amend its name to China Energy Investment Corporation Limited and will run as a parent company following completion of the reorganization; it will merge with Guodian through merger by absorption of the latter. The combined entity will involve an installed capacity that is more than 225 megawatts (MW).
The deal analysis report details the following -
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook