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BRIEF-Baosteel to buy stake in Shanghai Rural Commercial Bank for 4.6 bln yuan from ANZ
September 18, 2017 / 7:54 AM / 3 months ago

BRIEF-Baosteel to buy stake in Shanghai Rural Commercial Bank for 4.6 bln yuan from ANZ

Sept 18 (Reuters) - Baoshan Iron & Steel Co Ltd

* Says it plans to buy 10 percent stake in Shanghai Rural Commercial Bank for 4.6 billion yuan ($701.51 million) from ANZ

Source text in Chinese: bit.ly/2x9TTPH

Further company coverage: ($1 = 6.5573 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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