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Zhengzhou Coal Mining Machinery to acquire Bosch's starter motors business · Endata

◂ Announcements

Aug 18, 2017ACQUISITIONUkraine

Zhengzhou Coal Mining Machinery to acquire Bosch's starter motors business

A Chinese consortium led by Zhengzhou Coal Mining Machinery and China Renaissance Capital Investment has received merger clearance from Ukraine for the EUR 545 million acquisition of Robert Bosch GmbH's Starter Motors and Generators business.

Value

$638.0M (545.0M EUR)

Status

Announced

Productsstarter motorsgenerators

CompaniesRobert Bosch target Zhengzhou Coal Mining Machinery acquirer China Renaissance Capital Investment acquirer

Sectors#Automotive Components

“Redcliffe Partners has advised a Chinese consortium consisting of Zhengzhou Coal Mining Machinery (Group) Co., Ltd and China Renaissance Capital Investment Inc. in their successful application for merger clearance from the Ukrainian competition authority for the EUR 545 million acquisition of Robert”ceelegalmatters.com

1 source
ceelegalmatters.comRedcliffe Partners Advises Chinese Consortium on Ukrainian Merger Control ApplicationDavid StuckeyAug 18, 2017

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

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