# Eaglerise Electric plans to acquire 54.97% stake in Yunnan Transformer Electric

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.

- Type: Acquisition
- Announced: 2021-02-20
- Where: China
- Status: announced
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaglerise Electric Co., Ltd.](https://endata.com/companies/51618.md) (acquirer)
- [Yunnan Transformer Electric Co., Ltd.](https://endata.com/companies/51619.md) (target)

## Sources

- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2021-02/20/nw.D110000zgzqb_20210220_9-B022.htm), 2021-02-20: "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。"

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