Zijin Mining Group's (SHA:601899, HKG:2899) unit, Zijin International Holdings, completed the acquisition of a controlling stake in Zangge Mining (SHE:000408), according to a Hong Kong Stock Exchange filing on Wednesday.
Zijin International and its concert parties now holds 411.1 million shares or 26.2% of Zangge Mining after acquiring 392.2 million of its shares.
Zijin Mining's Shanghai shares rose over 1%, while Zangge Mining's shares slipped over 1% in recent trade.
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