Major M&A activity is put on hold
By Meng Fanbin | China Daily | Updated: 2017-09-21 07:49
Streamlining the iron and steel sectors has gathered pace during the past few years.
Mergers and acquisitions have increased as the government looks to curb overcapacity and modernize the industries.
But further M&A activity this year is unlikely as regulators grapple with serious challenges, industry insiders point out.
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