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Beijing Enterprises Weighs $2 Billion European Unit Sale

  • Chinese firm has explored a sale of EEW Energy from Waste
  • Deliberations are preliminary and firm could keep the asset
Chinese company acquires EEW Energy from Waste

Photographer: Julian Stratensculte/dpa/Getty Images

Beijing Enterprises Holdings Ltd. has considered a sale of its overseas waste treatment unit EEW Energy from Waste GmbH for about $2 billion, people with knowledge of the matter said.

The state-owned conglomerate had earlier asked investment banks to submit proposals for managing a sale of the unit, said the people, who asked not to be identified as the information is private.