HK $4.25 billion equity acquisition
Ningbo port announced that the company plans to purchase the equity of related competitive assets with the transaction consideration of RMB 5.642 billion, including Jiaxing Port Holding Group Co., Ltd. (Jiagang holding), Zhejiang Haigang Jiaxing Port Co., Ltd. (Jiaxing Port), Wenzhou Port Group Co., Ltd. (Wenzhou port) and Zhejiang Yiwu Port Co., Ltd. (Yiwu port) 100 %Equity, and 100% equity of Zhejiang toumengang Port Co., Ltd. (toumengang port) held by Zhejiang toumengang investment and Development Co., Ltd. (toumengang investment).
This text is a result of machine translation.
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