# Wanhua Chemical to acquire 47.81% stake in Yantai Juli for 1.785 billion yuan

Wanhua Chemical announced it plans to acquire a 47.81% stake in Yantai Juli Fine Chemical Co., Ltd. from Xinjiang and Shandong Xu Investment Management Center for 1.785 billion yuan.

- Type: Acquisition
- Announced: 2023-04-28
- Where: China
- Value: $258.0M (1.78B CNY)
- Status: announced
- Products: fine chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Wanhua Chemical](https://endata.com/companies/5042.md) (acquirer)
- [Yantai Juli Fine Chemical Co., Ltd.](https://endata.com/companies/70007.md) (target)

## Sources

- [stock.hexun.com](https://stock.hexun.com/2023-04-28/208458645.html), 2023-04-28: "万华化学公告，拟以17.85亿元的价格收购新疆和山东旭投资管理中心(有限合伙)持有的烟台巨力精细化工股份有限公司47.81%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.