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Deals Rumor Mill: China Tower, PG&E, United Group

By Adam Rhodes (August 1, 2018, 9:50 PM EDT) -- Telecom tower giant China Tower Corp. Ltd. raised $6.9 billion in its initial public offering, Reuters reported on Wednesday. According to the report, the historic offering — the world's largest in two years — came after the company priced the listing at the lower end of a range. The report details that the tower operator was valued at around $28 billion after selling 43.1 billion newly issued shares in the offering....

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