Cimfra China to invest $79.91 million in West China Cement - MarketLine Financial Deals

Cimfra China to invest $79.91 million in West China Cement

Cimfra China to invest $79.91 million in West China Cement - MarketLine Financial Deals
Cimfra China to invest $79.91 million in West China Cement
Published May 03, 2012
2 pages — Published May 03, 2012
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Abstract:

Cimfra (China) Limited, a France-based wholly-owned subsidiary of Ciments Francais SA, a provider of construction materials, has conditionally agreed to subscribe 284.20 million shares, representing a 6.67% stake, in West China Cement, Ltd., China-based company engaged in production and distribution of cement under the brand name of Yaobai Cement, at a price of HKD2.1815 ($0.28) per share. The transaction is valued at HKD619.98 million ($79.91 million).

  
Source:
Document ID
MA110691_120529
Country
Country
Ticker
CMA=FR
Ticker
WCC=CN
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Cimfra China to invest $79.91 million in West China Cement" May 03, 2012. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Cimfra-China-to-invest-79-91-million-in-West-China-Cement-2052-82187>
  
APA:
MarketLine Financial Deals. (2012). Cimfra China to invest $79.91 million in West China Cement May 03, 2012. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Cimfra-China-to-invest-79-91-million-in-West-China-Cement-2052-82187>
  
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