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Wuhan Steel's Parent Increases Its Holding in Listed Unit
(Bloomberg)
Updated: 2008-09-11 09:25
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    Wuhan Iron & Steel Co., China's third-biggest steelmaker, said parent boosted its holding in the listed unit.


    Wuhan Iron & Steel Group bought 1.64 million shares in the listed company through the Shanghai Stock Exchange yesterday, the listed unit said in a statement today. The parent will buy no more than a 2 percent stake in Wuhan Steel within 12 months, it said.
 
 

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