Befar Group to acquire 35.6% stake in Lubei Group for $1.7B

Befar Group (Binhua Co., Ltd.) announced it will acquire 100% of Hainan Jinyuan New Materials for 1.211 billion yuan, indirectly obtaining a 35.6% stake in Shandong Lubei Enterprise Group, a large chemical conglomerate.

“公司拟以12.11亿元收购杭州锦江集团有限公司持有的海南锦元新材料有限公司100%股权。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com强化拓展主业 滨化股份(601678.SH)拟12.11亿元间接取得鲁北集团35.6%股权Sep 22, 2023

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