China Three Gorges Weighs $2 Billion IPO of Brazil Unit


Source: yahoo.com yahoo.com

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(Bloomberg) -- China Three Gorges Corp. is exploring an initial public offering of its Brazilian unit as the Chinese energy giant seeks to raise funds for expansion in Latin America, according to people familiar with the matter. Most Read from Bloomberg China Warns U.S. Over Forming Pacific NATO, Backing Taiwan Owners Fear Planes ‘Are Gone Forever’ After Russia Shields Them From Seizure Biden to Sign Crypto Order as Firms Face Sanctions Pressure Ukraine Update: Firms Exit Russia, Fitch Sees ‘Imminent’ Default China Pushes Conspiracy Theory About U.S. Labs in Ukraine The Chinese state-owned company has held talks with prospective advisors...