CGN Power deal gets sceptical reaction

CGN Power’s asset injection from its parent has not been taken well by investors. They have questions about how to value the assets and worry about the impact on leverage.

Concerns about value and technological uncertainty have put a cloud over a $1.49 billion plan by China General Nuclear Power Corp (CGNPC), to sell three nuclear assets to its Hong Kong-listed subsidiary, CGN Power.

¬ Haymarket Media Limited. All rights reserved.

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