Jiangxi Huangshanghuang Group Food Terminates Acquisition Process

MT Newswires Live

2024/12/19

Jiangxi Huangshanghuang Group Food (SHE:002695) terminated plans to acquire a controlling stake in Guangdong Zhancui Food, according to a Wednesday filing with the Shenzhen bourse.

The decision follows the failure to agree on key terms with Zhancui's controlling shareholder.

Huangshanghuang remains committed to pursuing strategic investments and delivering shareholder value, the filing said.

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