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22 May
03:22

Shagang enters into data centre business

Jiangsu Shagang’s listed company announced a trading halt pending an announcement on its restructuring last Friday. The company has previously said it hopes to complete the purchase of a British data centre company (see Kallanish 26 December 2016) before the end of June. The reason given for this trading halt was the pending purchase of one investment fund and one technology company, both to boost the company's focus on content delivery netwo…
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