ANZ swaps buyer in $1.4b Shanghai bank sale; Baosteel in

ANZ swaps buyer in $1.4b Shanghai bank sale; Baosteel in

A man walks past a branch of the Australia and New Zealand Banking Group Ltd (ANZ) in Sydney October 29, 2013. REUTERS/David Gray/File Photo

Australia and New Zealand Banking Corporation said on Monday Baoshan Iron & Steel Co would buy part of its stake in Shanghai Rural Commercial Bank Co, rather than Shanghai Sino-Poland Enterprise Management Development Corp.

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