# Beijing Enterprises Water Group sells 60% stake in Beikong (Dalian) Investment

Beijing Enterprises Water Group agreed to sell 60% of Beikong (Dalian) Investment Co., Ltd. for 1.494 billion yuan to Yunyuan and Anwei, with the company no longer being a subsidiary after completion.

- Type: Acquisition
- Announced: 2017-01-03
- Where: Liaoning, China
- Value: $216.0M (1.49B CNY)
- Status: announced
- Products: water treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Beijing Enterprises Water Group Limited](https://endata.com/companies/19425.md)
- [Beikong (Dalian) Investment](https://endata.com/companies/21154.md) (target)
- [Yunyuan](https://endata.com/companies/21155.md) (acquirer)
- [Anwei](https://endata.com/companies/21156.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/37873.html), 2017-01-03: "出售交易为集团提供机会，不仅将目标公司持有的污水厂重组到集团名下，同时按公允价值变现其于目标公司的投资"

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