Aug 18, 2017ACQUISITIONChina China National Building Material subsidiary acquires Mudanjiang North Cement stakes
On August 18, 2017, China National Building Material's 70%-owned subsidiary North Cement agreed to acquire 51% of Mudanjiang North Cement from Jingang Group for CNY 213 million, and 19 subsidiaries of Mudanjiang North Cement for CNY 2.299 billion.
Capacity
530 million tonnes of cement per year
Productscementspecialty cement
“2017年8月18日，公司拥有70%股权的北方水泥作为买方，拟自牡丹江北方收购其19家附属公司的股权，代价约人民币22.99亿元;此外，亦向金刚集团收购牡丹江北方51%股权，代价人民币2.13亿元。”beta.zhitongcaijing.com
- 4 sources
- beta.zhitongcaijing.com中国建材(03323)附属逾25亿元收购牡丹江北方51%的股权及其附属Aug 18, 2017
- slaughterandmay.comSlaughter and May is advising CNBM on its Merger by Absorption of Sinoma to become the Global Leading Cement ProducerSep 8, 2017
- davispolk.comChina National Building Material Company Limited Merges with China National Materials Company Limited | Davis PolkSep 12, 2017
- cnbm.com.cn中国建材股份与中材股份合并打造世界一流建材企业_集团要闻_中国建材集团有限公司Sep 13, 2017
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