Jinyu Jidong Cement (Tangshan) Co., Ltd.

Activity by year

202120222023202420252026

Acquisition

Mar 31, 2021ACQUISITIONChina$2.10B
Jidong Cement to absorb Jinyu Jidong Cement in $2.1B deal
Beijing Jinyu Group announced that Tangshan Jidong Cement will absorb Jinyu Jidong Cement (Tangshan) Co., Ltd., with Jinyu Group exchanging its 47.09% stake in the joint venture for new Jidong Cement shares. The transaction is valued at approximately 13.63 billion yuan ($2.1 billion). The board approved the plan on March 31, 2021.
Tangshan Jidong Cement acquirer Jinyu Jidong Cement (Tangshan) Co., Ltd. target Beijing Jinyu Group investor #Construction Materials epaper.cs.com.cn
Mar 31, 2021ACQUISITIONChina
BBMG Group's JV Jinyu Jidong Cement to merge with Jidong Cement
BBMG Group announced that its joint venture Jinyu Jidong Cement (Tangshan) Co., Ltd. will be absorbed and merged with Jidong Cement. Jidong Cement will issue shares to BBMG as consideration for BBMG's 47.09% stake in the JV, increasing BBMG's effective stake in Jidong Cement to about 56.58%.
Jidong Cement target BBMG Group acquirer Jinyu Jidong Cement (Tangshan) Co., Ltd. target #Construction Materials zhitongcaijing.com

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