# 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.

- Type: Acquisition
- Announced: 2018-10-26
- Where: China
- Status: cancelled
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shenyang Machine Tool Group](https://endata.com/companies/17056.md) (acquirer)
- [Shenyang Machine Tool Group](https://endata.com/companies/17056.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SHENYANG-MACHINE-TOOL-CO--6497565/news/Shenyang-Machine-Tool-Co-Ltd-cancelled-the-acquisition-to-acquire-Zhongjie-Machine-Tool-Co-Ltd-34539237/), 2018-10-25: "Shenyang Machine Tool (Group) Co., Ltd. cancelled the acquisition to acquire Zhongjie Machine Tool Co., Ltd., ... on October 26, 2018."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.