Displaying items by tag: Wuhai Xishui
Sinoma subsidiary to acquire Wuhai Xishui Cement
26 June 2013China: Sinoma has announced that its subsidiary Ningxia Building Materials has agreed to acquire a 55% equity interest in Wuhai Xishui Cement held by Xishui Strong Year for a cash consideration of US$43m. Wuhai Xishui Cement is currently owned by Ningxia Building Materials (45%) and Xishui Strong Year (55%).
Published in
Global Cement News
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