# Shinva Medical to acquire 40% stake in Shinva Surgical Instruments for 48.2M yuan

Shinva Medical (600587.SH) announced it will acquire the 40% stake in Shinva Surgical Instruments held by Aesculap International (Germany) for 48.195 million yuan, making Shinva Surgical Instruments a wholly owned subsidiary.

- Type: Acquisition
- Announced: 2021-12-30
- Where: China
- Value: $7.56M (48.2M CNY)
- Status: announced
- Products: surgical instruments, medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Shinva Medical](https://endata.com/companies/59997.md) (acquirer)
- [Aesculap International](https://endata.com/companies/59998.md) (target)
- [Shinva Surgical Instruments](https://endata.com/companies/59999.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/632423.html), 2021-12-30: "新华医疗拟以人民币4819.50万元为依据，扣除应当代扣代缴的相关税费后，按照付款当日中国人民银行公布的当天外汇牌价进行换算对应的欧元收购德国蛇牌国际有限公司所持有的新华手术器械有限公司40%股权。"

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