Baoshan Iron & Steel Co., Ltd. (SHSE:600019) agreed to acquire 48.6139% stake in Shandong Iron and Steel Group Rizhao Co., Ltd. from Shandong Iron & Steel Group Co., Ltd. on December 9, 2023. The transaction is approved by board of directors of Shandong Iron & Steel Group Co., Ltd. Yong Bai of Clifford Chance LLP (Beijing) acted as legal advisor to Baoshan Iron & Steel Co., Ltd. Marc Besen, and Dimitri Slobodenj of Clifford Chance Partnerschaftsgesellschaft acted as legal advisor to Baoshan Iron & Steel Co., Ltd.
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5-day change | 1st Jan Change | ||
7.03 CNY | -0.85% | -4.48% | +18.55% |
11:03am | Baoshan Iron and Steel's Q1 Profit Rises 4% | MT |
06:56am | Baoshan Iron and Steel's 2023 Profit Falls; EPS Beats Estimates | MT |
EPS Revisions
1st Jan change | Capi. | |
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+18.55% | 21.23B | |
+1.77% | 25.86B | |
-7.41% | 11.73B | |
+25.93% | 11.2B | |
+11.54% | 10.91B | |
+10.96% | 10.15B | |
+1.01% | 8.56B | |
+3.56% | 7.32B | |
+22.33% | 6.92B | |
-2.61% | 6.52B |
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- Baoshan Iron & Steel Co., Ltd. agreed to acquire 48.6139% stake in Shandong Iron and Steel Group Rizhao Co., Ltd. from Shandong Iron & Steel Group Co., Ltd.