Yankuang Energy: Plans to acquire 100% equity of the New Energy Group and 100% equity of Shaneng Power Sales held by the controlling shareholder for 16.415 billion yuan

Mars Finance News, Yancoal Energy announced that the company plans to acquire 100% equity of the New Energy Group under the controlling shareholder Shaneng Group and 100% of Shaneng's power sales for 16.42B yuan in cash. This transaction aims to rapidly expand the scale of the power business by injecting high-quality power assets, foster emerging industries, and effectively reduce the company's intra-industry competition with the controlling shareholder in the power sector, further standardizing corporate governance.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned