# Maanshan Iron & Steel sells 40% stake in Oseya to Chemical Energy Company

Maanshan Iron & Steel Co., Ltd. agreed to sell its 40% stake in Oseya to Chemical Energy Company for RMB 158 million. Oseya produces coal tar deep-processing products.

- Type: Acquisition
- Announced: 2020-09-21
- Where: China
- Status: announced
- Products: coal tar deep-processing products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Maanshan Iron & Steel](https://endata.com/companies/37422.md)
- [Chemical Energy Company](https://endata.com/companies/50045.md) (acquirer)
- [Oseya](https://endata.com/companies/50046.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/339244.html), 2020-09-21: "公司拟向化工能源公司出售奥瑟亚的40%股权，总作价为人民币1.58亿元。"

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