Shantui to acquire Shantui Reconstruction Machine for 1.84 billion yuan

Shantui intends to pay cash to purchase 100% equity of Shantui Reconstruction Machine from Linyi Shanzhong Construction Machinery for 1.84 billion yuan, making it a wholly-owned subsidiary. The target company manufactures hydraulic excavators with a production capacity of 20,000 units per year.

“After the completion of this transaction, Mountain Reconstruction Machine will become a wholly-owned subsidiary of Shantui Co., Ltd.”news.global-ce.com

• 5 sources
• news.global-ce.comShantui intends to acquire 100% equity of Shantui Reconstruction Machine for 1.84 billion yuan to expand excavator business.|Global-CENov 12, 2024
• news.qq.com溢价130%，山推股份拟18.41亿收购山重建机，挖掘机业务同业竞争问题待解_腾讯新闻腾讯网Nov 12, 2024
• finance.sina.com.cn推动兼并重组，这家工程机械国企近20亿收购挖掘机业务|山推股份_新浪财经_新浪网Nov 12, 2024
• finance.sina.com.cn山推股份推18.4亿收购拓展业务 前三季赚6.74亿拟分红4500万|山推股份_新浪财经_新浪网Nov 13, 2024
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