CSSC To Become World’s Largest Shipbuilder After Mega Merger

CSSC to Absorb CSIC in $16 Billion Landmark Merger - mfame.guru

China Approves Largest A-Share Merger in Shipbuilding History. CSIC to Be Delisted as CSSC Takes Over Assets and Workforce. Merger Aims to End Internal Competition and Boost Naval Strength. China State Shipbuilding Corporation Limited (CSSC) has just gotten the green light from the Shanghai Stock Exchange to absorb China Shipbuilding Industry Company Limited (CSIC) in a groundbreaking deal worth 115.2 billion yuan (around USD 16 billion). This m…

CSSC To Become World’s Largest Shipbuilder After Mega Merger

China State Shipbuilding Corporation Limited has received approval to absorb China Shipbuilding Industry Company Limited.

China Approves Merger of CSSC and CSIC to Create World's Largest Shipbuilder

The Shanghai Stock Exchange has reportedly approved the merger of China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), setting the stage for the creation of the world’s...