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Sinochem International plans to acquire 100% equity of Nantong Xingchen Synthetic Materials from China National BlueStar (Group) for ¥2.11 billion via share issuance. Nantong Xingchen produces epoxy resin, bisphenol A, and engineering plastics.
“中化国际拟以发行股份的方式向中国蓝星(集团)股份有限公司购买其所持有的南通星辰合成材料有限公司100%股权,交易价格为21.10亿元。”stock.caijing.com.cn
Summarized from public sources; check the original articles before acting on it.