◂ Announcements

Jan 1, 2018ACQUISITIONChina

Hubei Xingfa Chemicals and Yichang Urban Construction acquire Yichang Xingxing Bluesky Technology for CNY 87.6 million

Hubei Xingfa Chemicals Group and Yichang Urban Construction Investment Holding Group acquired Yichang Xingxing Bluesky Technology from Hubei Chuxing Chemical for CNY 87.6 million in January 2018. Hubei Xingfa acquired 49% for CNY 43 million and Yichang Urban Construction acquired 51% for CNY 44.7 million.

Value

$13.9M (87.6M CNY)

Status

Completed

Productschemicals

CompaniesHubei Xingfa Chemicals Group acquirer Yichang Urban Construction Investment Holding Group acquirer Yichang Xingxing Bluesky Technology target Hubei Chuxing Chemical partner

Sectors#Specialty Chemicals

“Hubei Xingfa Chemicals Group Co., Ltd. and Yichang Urban Construction Investment Holding Group Co., Ltd. acquired Yichang Xingxing Bluesky Technology Co., Ltd from Hubei Chuxing Chemical Co.,Ltd. for CNY 87.6 million.”in.marketscreener.com

1 source
in.marketscreener.comHubei Xingfa Chemicals Group Co., Ltd. and Yichang Urban Construction Investment Holding Group Co., Ltd. acquired Yichang Xingxing Bluesky Technology Co., Ltd from Hubei Chuxing Chemical Co.,Ltd. for CNY 87.6 million.MarketScreener IndiaMar 30, 2018

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

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