CHINESE BUSINESS
- From: Vol 6, Issue 1 (January 2005)
- Category: Need to know
- Region: Asia
- Country: China
- Related Companies: Ashcraft Holdings, Asia Environmental Holdings, Beijing Capital Group, China Evergreen, Hyflux, Liaoning Zhengye Group, Shanghai Industrial Holdings, Shenzhen Water Group, True Global Co, Veolia, Xiamen Water Services Group, Xuzhou Running Water and Yangzhou Water Supply Co
The Chinese water stampede continues, and the lion’s share is going to Chinese companies.
On 24 December, Shanghai Industrial Holdings (through the vehicle General Water China) won the bid for a bulk of Xiamen Water Group’s shares at the price of RMB461 million in cash (US$55.7 million). In two separate JVs, SIHL will have a 45% stake in five water plants and a 55% stake in six wastewater treatment plants.Veolia ...
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