# CNBM and Sinoma Hong Kong units to merge

The listed Hong Kong units of China National Building Material Group (CNBM) and China National Materials Group (Sinoma) have agreed to merge, with each Sinoma shareholder receiving 0.85 CNBM shares. The merger follows the parent companies' merger last year.

- Type: Acquisition
- Announced: 2017-09-08
- Where: Hong Kong, Hong Kong SAR China
- Status: announced
- Products: cement, building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [China National Building Material Group](https://endata.com/companies/20207.md) (acquirer)
- [China National Materials Group Corporation](https://endata.com/companies/22633.md) (target)

## Sources

- [scmp.com](https://www.scmp.com/business/companies/article/2110646/listed-hong-kong-units-chinese-cement-majors-merge), 2017-09-11: "Each holder of Sinoma shares will receive 0.85 CNBM shares, the two firms said in a filing to Hong Kong’s bourse late on Friday."

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