Brief: Hyster-Yale Materials Handling Says On May 26, Unit Signed Equity Transfer Agreement With Y-C Hongkong Holding Co Ltd
27/05/2021 23:29
May 27 (Reuters) - Hyster-Yale Materials Handling Inc
HY.N :
* HYSTER-YALE MATERIALS HANDLING - ON MAY 26, UNIT SIGNED
EQUITY
TRANSFER AGREEMENT ( "ETA") WITH Y-C HONGKONG HOLDING CO LIMITED
* HYSTER-YALE MATERIALS - UNIT WILL BUY 15% OF EQUITY
INTEREST OF
HYSTER-YALE MAXIMAL FORKLIFT (ZHEJIANG) CO., LTD. FROM HK
HOLDING CO FOR $25.2 MILLION
* HYSTER-YALE MATERIALS HANDLING INC - UNDER TERMS OF ETA,
ON
CLOSING DATE, UNIT WILL PAY $8.4 MILLION TO HK HOLDING CO
Source: [ID: https://bit.ly/3p0dXPM]
Further company coverage: HY.N
((Reuters.Briefs@thomsonreuters.com;))
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