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Posco considers selling part of Posco E&C - Posco official
2014-09-15 04:20:43| Steel - Topix.net
South Korean steelmaker POSCO is considering selling part of its stake in construction unit POSCO Engineering & Construction to an unidentified Saudi Arabian fund, a POSCO official said on Monday. "The fund proposed the sale to help POSCO E&C expand in Saudi Arabia," the official told Reuters on condition of anonymity because the matter is confidential.
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