China: Xinjiang Qingsong Building Materials & Chemicals has acquired a 31.6% stake in Yili Nangang Building Materials for US$27.7m. After the acquisition, Qingsong Building Materials' stake in the Xinjiang Uyghur Autonomous-based company has increased to 51%, further expanding its market share in the region.
Qingsong Building Materials acquires cement company in Xinjiang
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