Luxshare Precision Accessory (Kunshan) Ltd. acquired an unknown minority stake in China Merchants Bank Co., Ltd. (SHSE:600036) for CNY 60 million on April 10, 2025. A cash consideration of CNY 60.02 million will be paid by Luxshare Precision Accessory (Kunshan) Ltd. As part of consideration, CNY 60.02 million is paid towards common equity of China Merchants Bank Co., Ltd.
Luxshare Precision Accessory (Kunshan) Ltd. completed the acquisition of an unknown minority stake in China Merchants Bank Co., Ltd. (SHSE:600036) on April 10, 2025.
Luxshare Precision Accessory Ltd. completed the acquisition of an unknown minority stake in China Merchants Bank Co., Ltd. for CNY 60 million.
Published on 04/09/2025 at 18:00
Share
Share
© S&P Capital IQ - 2025