Brief: MingZhu Logistics Enters Into Share Purchase Agreement To Acquire Yinhua (BVI) Limited
14/03/2022 12:18
March 14 (Reuters) - MingZhu Logistics Holdings Ltd
YGMZ.O :
* MINGZHU LOGISTICS ENTERS INTO SHARE PURCHASE AGREEMENT TO
ACQUIRE YINHUA (BVI) LIMITED
* MINGZHU LOGISTICS HOLDINGS LTD - EXPECTS ACQUISITION TO BE
IMMEDIATELY ACCRETIVE TO ITS REVENUE, GROSS MARGIN AND NET
INCOME
* MINGZHU LOGISTICS - UNDER TERMS OF SHARE PURCHASE
AGREEMENT,
MINGZHU SHALL PAY $18.3 MILLION IN EXCHANGE FOR 100% EQUITY OF
YINHUA
Source text for Eikon: ID:nPn2wNGyxa
Further company coverage: YGMZ.O
((Reuters.Briefs@thomsonreuters.com;))
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