De Stone Corporation announced that the company has completed the acquisition of 70% equity of usa IAE International Inc. and increased capital in cash. The total acquisition price is expected to be $4.9 million. After the transaction is completed, the company will hold 70% of the target company's equity. At the same time, the company and Roxanne Howe will jointly increase the capital of the target company by $2 million according to their respective shareholding ratios, with the company contributing $1.4 million and Roxanne Howe contributing $0.6 million.
德石股份：完成收购美国IAE International Inc.70%股权并增资
Deshi Group: Completed the acquisition of 70% equity of usa IAE International Inc. and increased capital.
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