TMCnet News
Changshan Textile Wholly Acquires Beiming Software(Sinocast Computers & Electronics Beat (China) Via Acquire Media NewsEdge) HEBEI, September 30, SinoCast -- Shijiazhuang Changshan Textile Co., Ltd. (SZSE: 000158) revealed plans to acquire the 100% stake in Beiming Software held by six institutions and 41 natural persons through share placement. Target assets are estimated to be worth CNY 2.17 billion, appreciating 434.48%. Upon completion, Changshan Textile will extend reach from textile to advanced manufacturing and information technology. |