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Luoyang Glass to acquire Taibo Fujian Photovoltaic Glass for CNY 422 million · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Sep 14, 2022ACQUISITIONChina

Luoyang Glass to acquire Taibo Fujian Photovoltaic Glass for CNY 422 million

Luoyang Glass announced it will acquire 100% of Taibo Fujian Photovoltaic Glass from Taibo Donghai Glass for a base price of CNY 422 million, to expand its photovoltaic glass capacity.

Value

$59.0M (422.0M CNY)

Status

Announced

Productsphotovoltaic glass

CompaniesLuoyang Glass acquirer Taibo Fujian Photovoltaic Glass target Taibo Donghai Glass partner

Sectors#Specialty Chemicals

“同意公司与台玻东海玻璃有限公司签署《关于台玻福建光伏玻璃有限公司的股权转让协议》，由公司以现金方式收购台玻福建光伏玻璃有限公司100%股权。”beta.zhitongcaijing.com

2 sources
beta.zhitongcaijing.com洛阳玻璃股份(01108)拟4.22亿元收购台玻福建光伏玻璃100%股权Sep 14, 2022
beta.zhitongcaijing.com扩大产能规模洛阳玻璃(600876.SH)拟4.22亿元收购台玻福建100%股权Sep 14, 2022

Summarized from public sources; check the original articles before acting on it.

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