Brief: MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network
29/12/2021 12:26
Dec 29 (Reuters) - MingZhu Logistics Holdings Ltd YGMZ.O :
* MINGZHU LOGISTICS ENTERS INTO SHARE PURCHASE AGREEMENT TO
ACQUIRE CHEYI NETWORK
* MINGZHU LOGISTICS - ACQUISITION FITS CO'S STRATEGY, WHICH
INCLUDES ADDING FINANCIALLY ACCRETIVE COMPANIES AND PRODUCTS
* MINGZHU LOGISTICS HOLDINGS- PURSUANT TO AGREEMENT, TOTAL
CONSIDERATION FOR ACQUISITION OF 100% EQUITY OWNERSHIP OF CHEYI
BVI IS AGGREGATE OF $29.5 MILLION
Source text for Eikon: ID:nPn6Mks9va
Further company coverage: YGMZ.O
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