# King Stone Energy Group to acquire South Bay Investment for up to CNY 100M

King Stone Energy Group agreed to acquire 100% of South Bay Investment, which owns mining and exploration permits in Inner Mongolia, China, for up to CNY 100 million.

- Type: Acquisition
- Announced: 2017-12-08
- Where: Inner Mongolia, China, China
- Value: $15.1M (100.0M CNY)
- Status: announced
- Products: non-ferrous metals
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [King Stone Energy Group](https://endata.com/companies/28680.md) (acquirer)
- [South Bay Investment](https://endata.com/companies/28681.md) (target)

## Sources

- [mining-technology.com](https://www.mining-technology.com/news/mas-week-atlas-copco-tanga-resources-king-stone-energy-group/), 2017-12-08: "King Stone Energy Group has agreed to acquire a 100% stake in South Bay Investment from Liyanda, a UK-based company."

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