Announced
Financials
Sources
Tags
China
Public
Friendly
Household Furnishings
Pending
interior decorations
Single Bidder
Majority
interior decoration
Acquisition
Synopsis
Huafa Industrial, a subsidiary of Zhuhai Huafa Group, and a property development and operation company, agreed to acquire a 30% stake in Weiye Decoration Group, a provider of interior decoration services, for $127m. The deal will require the approval of the Asset Supervision and Administration Commission of Zhuhai and Shenzhen branch of China Securities Depository and Clearing.
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