Beijing Enterprises Water May List Overseas Assets for Expansion
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Beijing Enterprises Water Group Ltd., a Chinese developer of water treatment systems, may seek a listing for its overseas assets as it expands internationally.
“A backdoor listing of the business abroad is also possible,” Chairman Zhang Honghai said today in an interview in Beijing, referring to getting a listing by purchasing a company that’s already publicly traded abroad. He didn’t disclose when or how much Beijing Enterprises plans to raise.