.

New Deal

New Deal

Announced

8 Dec 2023

Shandong Weiqiao to acquire Weiqiao Textile for $195m.

Financials

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Transaction Value£155m

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Weiqiao Textile

bidder

Shandong Weiqiao Pioneering Group

Sources

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Tags

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textile products

Public

China

Capital Goods

Acquisition

Domestic

Majority

Privatisation

Friendly

Single Bidder

Pending

Synopsis

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Shandong Weiqiao, a clothing company, offered to acquire Weiqiao Textile, a textile products manufacturer, for $195m.

Service Providers (2)

Dealmakers

legal advisors to financial advisors

Slaughter & May

financial advisors

China International Capital

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