China’s Datang, Huadian await final merger approval


HONG KONG: State-run China Datang Corp and China Huadian Corp are in talks to merge and awaiting final government approval for a deal that would create the world’s biggest power generator by capacity, according to sources.

The two electricity producers have reached agreement on most technical issues for a deal, said the sources, who asked not to be identified because the information isn’t public.

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Business , China , Datang , merger

   

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