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Korea M&A Corporation
Fitch: China needs more market-driven M&A in steel industry
Fitch Ratings says Wednesday that increasing government-driven M&A activities in China's steel sector will prolong industry rationalisation and delay the targeted improvement in the overall competitiveness and efficiency of the sector. Although the agency notes that state-managed M&As provide more flexibility and cushion for domestic steel makers to reorganise themselves, Fitch has some doubts a..
News/M&A
2006. 8. 18. 15:18