Home / Metal News / Precious Metals / China’s two shipbuilding giants to merge
China’s two shipbuilding giants to merge
Jul 2,2019 12:11CST
company news
Source:SMM
The merger is between China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC)

SHANGHAI, Jul 2 (SMM) – Two state-owned shipbuilders are planning to merge, their listed arms said in separate exchange filings on Monday July 1.

The long-rumoured merger between China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC), is still subject to approvals from related authorities and a detailed plan for the strategic restructuring has yet to be finalised, according to the filings.

Shipbuilding

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Most Read
data analysis
data analysis
data analysis
data analysis
data analysis