China: Hengxin acquires 24% stake in Mianyang Siemax for $11m

February 03, 2016

Hengxin Technology, the manufacturer of coaxial cables for mobile communications in China, is acquiring 24 per cent stake its Mianyang Siemax from its vendors for a total consideration of RMB72 million ( million). The transaction has been carried out through its wholly-owned subsidiary Hengxin (Jiangsu) that entered into the sale and purchase agreement… Read more »

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China: Hengxin acquires 24% stake in Mianyang Siemax for m

 

Source: DealStreetAsia