# Shandong Weiqiao Pioneering Group completes acquisition of remaining stake in Weiqiao Textile

Shandong Weiqiao Pioneering Group completed the acquisition of the remaining 36.5475% stake in Weiqiao Textile Company Limited on March 19, 2024, at HKD 3.5 per share.

- Type: Acquisition
- Announced: 2024-03-19
- Where: China
- Status: completed
- Products: textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Shandong Weiqiao Pioneering Group](https://endata.com/companies/44030.md) (acquirer)
- [Weiqiao Textile](https://endata.com/companies/55137.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/WEIQIAO-TEXTILE-COMPANY-L-6171001/news/Shandong-Weiqiao-Pioneering-Group-Co-Ltd-completed-the-acquisition-of-remaining-36-5475-stake-in-W-46241524/), 2024-03-18: "Shandong Weiqiao Pioneering Group Co.,Ltd completed the acquisition of remaining 36.5475% stake in Weiqiao Textile Company Limited on March 19, 2024."

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