Sinopec Confirmed Acquisition Prices for ZRCC  

Sinopec Confirmed Acquisition Prices for ZRCC

出  处:《China Chemical Reporter》2005年第33期8-8,共1页中国化工报导(英文版)

摘  要:On November 14th, 2005 China Petro-leum & Chemical Corporation, (Sinopec Corp.) (HKEX: 386; NYSE: SNP; LSE: SNP; SH: 600028), and Sinopec Zhenhai Refining & Chemical Company Limited (ZRCC) (HKEX: 1128) held Board of Di-rector Meeting respectively and ap-proved that Sinopec will privatize ZRCC through Ningbo Yonglian (Ningbo Yonglian, a wholly owned subsidiary of Sinopec Corp. established for the pur-pose of the merger) by way of "merger by absorption". According to agree-ment entered between Ningbo Yonglian and ZRCC, Ningbo Yonglian will pay the cancellation price per ZRCC HK share at HK$10.60 in cash to the

关 键 词:Ningbo MERGER SUBSIDIARY wholly owned AGREE refining VENTURE cancellation SHARES 

分 类 号:F426.22[经济管理—产业经济]

 

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