# Taishan Power plans to sell 11.01% stake in TBEA Shandong Luneng Taishan Cable

Huaneng Taishan Power Co., Ltd. is seeking to sell its 11.01% stake in TBEA Shandong Luneng Taishan Cable Co., Ltd. (Luneng Cable), listed on the Beijing Equity Exchange from February 19, 2019. The reference price is negotiable.

- Type: Acquisition
- Announced: 2019-02-19
- Where: China
- Status: announced
- Products: cables, cable accessories
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Huaneng Taishan Power](https://endata.com/companies/37459.md)
- [TBEA Shandong Luneng Taishan Cable](https://endata.com/companies/37460.md) (target)

## Sources

- [nbd.com.cn](https://www.nbd.com.cn/articles/2019-02-20/1301843.html), 2019-02-20: "泰山电力于2月19日起，将所持特变电工山东鲁能泰山电缆有限公司11.01%股权“摆上货架”进行招商。"

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