China Nonferrous Mining plans HK IPO
Updated: 2012-05-16 11:29
By (China Daily)
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China Nonferrous Mining Corp, a unit of the State-owned metals producer, plans to raise as much as $314 million in an initial public offering in Hong Kong, terms for the transaction show.
The company is selling 870 million shares, according to the document. JPMorgan Chase & Co is among banks managing the deal, the terms show.
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