Gelonghui December 13th 丨Sinotrans(00598.HK) announced that the company concerned acquired seven subsidiaries of KLG Holding at an estimated maximum cost of no more than 38,59373.5 million euros (equivalent to about RMB 30,0590412.4 billion). The prerequisites for the first step of delivery have all been met, and the company completed the first step of delivery on December 12, 2019. According to this, KLG Holding's seven subsidiaries (target companies) have become indirect holding subsidiaries holding 80% of the company's shares. The company will continue to advance acquisition-related work, including the second step of delivery and purchaseTarget companyThe remaining 20% of the shares will promptly fulfill the obligation to disclose information (if any).
中国外运(00598.HK):已收购欧洲目标公司80%股权
Sinotrans (00598.HK): 80% of the shares of target European companies have been acquired
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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