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Shanghai Mechanical & Electrical Industry Co., Ltd. announced it will acquire a 47.6% stake in Shanghai Mitsubishi Electric Shangling Air Conditioning Equipment Co., Ltd. from Shanghai Electric Industrial Co., Ltd. for 805 million yuan.
“本次向电气实业收购三菱电机空调股权符合公司的长期发展战略,通过优化梳理与上海电气之间的业务定位,将增强本公司在楼宇管理业务方面的产业联动。”finance.sina.com.cn
Summarized from public sources; check the original articles before acting on it.