Da Bei Nong plans to purchase 26.81% of Rongchang Breeding for 262 million yuan

By CnAgri2018-09-12 11:04:47 Print Da Bei Nong announced on August 29 that it will continue to acquire part of Shandong Rongchang Breeding, and the listed company Da Bei Nong and nine shareholders of Rongchang Breeding have signed the “Share Transfer Agreement” and will continue to acquire 45.4939 million shares(26.81% stake) of them for 262 million yuan.  .
The acquisition is a re-increase after the acquisition of 45.61% stake of Rongchang Breeding by Da Bei Nong on September 17, 2017. After the completion of the acquisition, the company and its subsidiary Shandong Da Bei Nong will hold 88.07% of Rongchang Breeding in total.