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China Yangtze Power to buy assets from Three Gorges

May 19, 2009 (China Knowledge) - China Yangtze Power Co Ltd<600900>, the country's largest listed hydropower corporation and operator of the massive Three Gorges Dam in Southwest China, announced on Saturday that it will buy RMB 107.5 billion in assets from its parent company, China Three Gorges Project Corp. The move will enable the power group to become a publicly traded entity. The asse

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