|
|
News Breaks
|
November 3, 2011
|
| 08:30 EDT |  | GU |
| theflyonthewall.com: | Gushan Environmental agrees to acquire controlling interest in Guangzhou Taiyue | | Gushan Environmental Energy announced that it has entered into definitive agreements to acquire a controlling interest in Guangzhou Taiyue Communications Cable Co., a PRC-based company that is currently engaged in the manufacture and sale of copper cable for applications that include communication and personal computing. The acquisition will be effected through several transactions whereby Engen Investments, a 75%-owned subsidiary of Gushan which indirectly holds Gushan's recycled copper products businesses, will acquire 100% of the equity interest in Taiyue in exchange for (i) up to 20,000,000 newly issued ordinary shares of Gushan, and (ii) up to a 10.63% interest in Engen, to be issued over a period of three years. :theflyonthewall.com |
|
|
News For GU From The Last 14 Days Check below for free stories on GU the last two weeks.
| Sign up for a free trial to see the rest of the stories you've been missing. |
There are no results for these search parameters.
|
|
|
|
