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View Full Version : Citic Pacific to Invest $2.2 Billion in Steel, May Sell Assets - Bloomberg



NewsWhore
05-25-2009, 05:30 AM
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Citic Pacific to Invest $2.2 Billion in Steel, May Sell Assets (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaJkl9gtPFkH8%26refer%3Dasia&cid=1359264019&ei=lmcaSrPsGIm2NYeCja8F&usg=AFQjCNHTvBAIEV80utuhREYkWOMIWsbmEw)
Bloomberg
By Theresa Tang May 25 (Bloomberg) -- Citic Pacific Ltd., rescued by China after posting the biggest currency derivative loss by a Chinese company, plans to invest 15 billion yuan ($2.2 billion) in its iron ore and steel businesses, and may sell other ...


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