Tongwei Plans to Acquire Polysilicon Competitor Qinghai Lihao
5 Articles
5 Articles
Tongwei, a polysilicon producer listed on the Shanghai Stock Exchange, affirms its intention to acquire 100% of Qinghai Lihao through a stock and cash transaction, as the consolidation of the polysilicon sector in China is increasingly oriented towards mergers and acquisitions. Tongwei announced that it plans to acquire 100% of its Chinese competitor Qinghai Lihao through a transaction combining the issuance of shares and cash, together with a f…
Tongwei plans to acquire polysilicon competitor Qinghai Lihao
Shanghai-listed polysilicon producer Tongwei says it intends to acquire 100% of Qinghai Lihao through a share-and-cash transaction, as consolidation in China’s polysilicon sector increasingly shifts toward mergers and acquisitions.Tongwei said it plans to acquire 100% of Chinese competitor Qinghai Lihao through a transaction combining share issuance and cash, alongside a planned supporting fundraise, according to a trading suspension notice date…
Tongwei Co., Ltd. Plans to Acquire 100% Equity in Lihao Clean Energy - EnergyTrend
Tongwei Co., Ltd. Plans to Acquire 100% Equity in Lihao Clean EnergyOntheeveningofFebruary24,TongweiCo.,Ltd.issuedanannouncementstatingthatthecompanyisplanningtoacquirea100%equitystakeinQinghaiLihaoCleanEnergyCo.,Ltd.t...
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