M&G Chemicals looks to expand overseas

August 26, 2013 |

In Italy, Reuters reports that M&G Chemicals is looking to list in Hong Kong, with the hope of raising $500 million. The article further reports that the bioplastics unit of Mossi & Ghisolfi may float approximately 30% of the company, and the proceeds would be used to finance expansions overseas. The source for the story was not revealed.

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