SHANGHAI FOREIGN SERVICE HOLDING GROUP CO., LTD. Shanghai Qiangsheng Taxi Co., Ltd. agreed to acquire Shanghai Shenqiang Taxi Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) for approximately CNY 120 million on December 25, 2012. In related deals, Shanghai Qiangsheng Taxi Co., Ltd. agreed to acquire stakes in various companies from Shanghai QiangSheng Holding Co., Ltd on December 25, 2012. The Board of Directors of Shanghai QiangSheng Holding approved the deal on December 25, 2012.
Shanghai Qiangsheng Taxi Co., Ltd. agreed to acquire Shanghai Shenqiang Taxi Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd for approximately CNY 120 million.
December 24, 2012 at 11:00 pm EST
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