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US waste manager nets 40% in SEG

By Wang Ying | China Daily | Updated: 2009-08-06 08:05

US waste manager nets 40% in SEG

A pipe filtering methane waste to a generator which produces six megawatts of electricity stands at Waste Management Inc's Altamont Landfill in Livermore, California. Bloomberg News

SHANGHAI: Shanghai Chengtou Holding Co Ltd is set to transfer its 40-percent stake in wholly owned subsidiary Shanghai Environment Group (SEG) to a local arm of the US-based Waste Management Inc.

US waste manager nets 40% in SEG

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