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(Reuters) – Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion (81.89 billion pounds) in annual revenue, three sources familiar with the matter said. The deal has been proposed by China’s... -
(Techcrunch) China’s Didi Chuxing and Uber have now both confirmed that Didi has agreed to buy Uber’s separate business in China — Uber China — as a path to trying to get the two unprofitable on-demand transportation businesses into the black. The deal had been heavily speculated earlier today. Didi’s explanation of the...