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Xinlian Integration: Asset Acquisition via Share Issuance and Cash Payment Endorsed by SSE Mergers and Acquisitions Restructuring Review Committee
1 day ago /
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Author：小编
Xinlian Integration intends to acquire a 72.33% equity stake in Xinlian Yuezhou through a combination of share issuance and cash payment. This transaction has garnered the approval of the SSE Mergers and Acquisitions Restructuring Review Committee, marking a significant step forward. However, prior to execution, the deal must undergo registration and secure approval from the China Securities Regulatory Commission. Upon successful completion, Xinlian Yuezhou will transition into a fully-owned subsidiary of Xinlian Integration.
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