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China’s Huaibei Coal plans IPO to fund $1.4bn expansion plans

M&A Portal | July 19, 2011 | 2:52 pm Energy China Europe Coal

Chinese miner Huaibei Coal Group is planning an initial public offering (IPO) on the Shanghai Stock Exchange, according to a local press report. Shanghai Securities News said the flotation will be carried out to help finance CNY 8.50 billion (USD 1.40