Shenyang Machine Tool cancels acquisition of multiple assets from parent

Shenyang Machine Tool (Group) Co., Ltd. cancelled its planned acquisition of Zhongjie Machine Tool Co., Ltd. and several other entities from Shenyang Machine Tool Co., Ltd. The deal, valued at CNY 1, was originally signed on October 26, 2017, and cancelled on October 26, 2018.

“Shenyang Machine Tool (Group) Co., Ltd. cancelled the acquisition to acquire Zhongjie Machine Tool Co., Ltd., ... on October 26, 2018.”marketscreener.com

• 1 source
• marketscreener.comShenyang Machine Tool Co., Ltd. cancelled the acquisition to acquire Zhongjie Machine Tool Co., Ltd., Shenyang Machine Tool Import & Export Co., Ltd., SMTCL Canada Inc., Shenyang No. 1 machine tool plant, Zhongjie drilling and boring machine plant, Shenyi Xisi CNC machine tool division, and aerospace industry department from Shenyang Machine Tool Co., Ltd.. | MarketScreenerS&P Capital IQOct 25, 2018

Summarized from public sources; check the original articles before acting on it.