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Guomao Co., Ltd. announced it will acquire a 65% stake in Modori Intelligent Transmission (Jiangsu) Co., Ltd. for approximately RMB 204.75 million, to enter the precision planetary gearbox market.
“国茂股份(603915.SH)公告,公司拟以现金方式收购摩多利智能传动(江苏)股份有限公司(以下简称“摩多利传动”、“标的公司”)65%的股权,交易对价暂定为人民币2.0475亿元。”i.ifeng.com
Summarized from public sources; check the original articles before acting on it.