Tianshan Cement to acquire cement assets from China建材 for 98.1 billion yuan

Tianshan Cement announced a restructuring plan to acquire 100% of Zhonglian Cement, 99.9274% of Nanfang Cement, 95.7166% of Xinan Cement, and 100% of Zhongcai Cement from China建材 and 26 other parties for approximately 98.1 billion yuan.

“天山股份发布公告称，公司拟采用发行股份及支付现金的方式，向中国建材等26名交易对方购买中联水泥100%股权、南方水泥99.9274%股权、西南水泥95.7166%股权及中材水泥100%股权等资产。”yicai.com

• 1 source
• yicai.com天山股份披露重组草案：拟981亿元向中国建材等收购水泥资产14653 06-28 20:45Mar 2, 2021

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