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Eaglerise Electric is planning to acquire a 54.97% stake in Yunnan Transformer Electric via cash and public listing. The deal is still in the planning stage with due diligence ongoing.
“公司拟以支付现金并通过产权交易所公开摘牌的方式,购买上海长威股权投资合伙企业(有限合伙)持有的云南变压器电气股份有限公司54.97%的股份以及其他股东所持标的公司的部分股份。”epaper.cs.com.cn
Summarized from public sources; check the original articles before acting on it.