Your location:  Home  >  Bearing News  >  China Market
<<  Back

Anhui Zhongding Sealing Parts Co., Ltd. announces its acquisition of Tristone Flowtech Holding S.A.S.

Resource from:  CBCC Likes:216
Mar 09,2017
Anhui Zhongding Sealing Parts Co., Ltd. ( Stock Code: 000887) made an announcement of 100% completion of shareholding rights transfer from Tristone Flowtech Holding S.A.S. (hereinafter referred to as Tristone) On February 20, 2017, Anhui Zhongding Sealing Parts Co., Ltd. (hereinafter referred to as the Company) approved the acquisition of Tristone in cash through deliberation in the First Extraordinary Shareholders' Meeting 2017. On February 28, 2017 (French time), the authorized persons of both parties signed the Memorandum on Completion of Shareholding Rights Transfer and confirmed that all the delivery conditions are met. Zhongding European Company, a wholly owned subsidiary of the Company, has paid in full Euro170 million in accordance with the Agreement of Share Purchase, to which 100% stock rights of Tristone accordingly have been registered and transferred.
(CBCC)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.