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Eisen Shares Abandons Acquisition of 70% Stake in Pinuo New Materials Due to Lack of Agreement
2025-05-15 /
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Author：小编
On May 15, Eisen Shares officially announced the termination of its planned acquisition of a 70% equity stake in Pinuo (Suzhou) New Materials Co., Ltd. Despite extensive negotiations among all involved parties, no consensus could be reached regarding the transaction plan, commercial terms, or the payment method for the transaction consideration. Consequently, the company, after careful consideration, approved the termination of the acquisition on May 14 and delegated authority to its management to address any subsequent matters.
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