(Bloomberg) -- China Shenhua Energy Co. is planning
the world's biggest share sale by a coalminer to raise as much as
$6.3 billion for expansion as demand for the fuel surges.
The nation's largest coal producer plans to sell as many as
1.8 billion yuan-denominated shares in Shanghai, Shenhua said in
a statement to Hong Kong's stock exchange yesterday. The Beijing-
based company will use the money to expand coal, power and
transport operations and for domestic and overseas acquisitions.
Read more at Bloomberg Energy News
the world's biggest share sale by a coalminer to raise as much as
$6.3 billion for expansion as demand for the fuel surges.
The nation's largest coal producer plans to sell as many as
1.8 billion yuan-denominated shares in Shanghai, Shenhua said in
a statement to Hong Kong's stock exchange yesterday. The Beijing-
based company will use the money to expand coal, power and
transport operations and for domestic and overseas acquisitions.
Read more at Bloomberg Energy News
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