Valin Steel (000932) Company Evaluation: Acquisition of 51% Equity in Yangchun New Steel by Cash
Valin Steel (000932) Company Evaluation: Acquisition of 51% Equity in Yangchun New Steel by Cash Event summary: In order to avoid potential competition with listed companies, the company’s controlling shareholder, Hualing Group, plans to pay cash by Hualing Xianggang, the company’s controlling subsidiary. 5.5 billion shares acquired 51% equity of Yangchun Xingang, and signed an […]