UPDATE 1-China's ChemChina, Sinochem set to merge - Caixin

BEIJING, July 1 (Reuters) - Chinese state-owned Sinochem Group and ChemChina will merge to create a new company, and Sinochem Chairman Ning Gaoning will become the chairman of ChemChina, financial publication Caixin reported late on Saturday.

from Reuters: Company News https://ift.tt/2tHyX1Z