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BRIEF-China Hainan Rubber's SPV Plans To Acquire 36% Stake In Halcyon Agri Corp For $180.9 Mln

Reuters · 11/16/2022 06:36
BRIEF-China Hainan Rubber's SPV Plans To Acquire 36% Stake In Halcyon Agri Corp For $180.9 Mln

- China Hainan Rubber Industry Group Co Ltd 601118.SS:

  • SAYS ITS SPV PLANS TO ACQUIRE 574.2 MILLION SHARES, OR 36.0% STAKE, IN HALCYON AGRI CORPORATION LIMITED FROM SINOCHEM INTERNATIONAL OVERSEAS PTE LTD FOR ABOUT $180.9 MILLION

  • SAYS IT WILL BECOME HAC'S INDIRECT CONTROLLING SHAREHOLDER AFTER THE TRANSACTION

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Further company coverage: 601118.SS


(Reporting by Hong Kong )

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