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Infore Environment to acquire 100 pct stake in Zoomlion Environmental industry

July 18, 2018


Abstract : Infore Environment Technology Group (000967.SZ) announced that it planned to acquire a 100 percent stake in Zoomlion Environmental Industry Co for about 15.25 billion yuan.

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BEIJING, July 18 (Xinhua) -- Infore Environment Technology Group (000967.SZ) announced that it planned to acquire a 100 percent stake in Zoomlion Environmental Industry Co for about 15.25 billion yuan,the Xinhua-run Shanghai Securities News reported on July 17.

Zoomlion Environmental Industry Co is a sanitation integrated solution provider with the core concept of technology-driven development.

According to the announcement, shares of Infore Environment Technology will continue to be suspended. (Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: Infore-Environment-Technology

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