China Resources Mixc Lifestyle Services Ltd. Announces Acquisition of Entire Equity Interests in CR Networks SZ and China Net Data Technology GZ
Reuters
Jul 01
China Resources Mixc Lifestyle Services Ltd. Announces Acquisition of Entire Equity Interests in CR Networks SZ and China Net Data Technology GZ
China Resources Mixc Lifestyle Services Ltd. has announced that it has entered into Equity Transfer Agreements for the proposed acquisition of CR Networks SZ. The transaction involves the purchase of the entire equity interests in CR Networks SZ, with a consideration of RMB114.4 million. This amount was determined based on the listing price and final bid price on the Shanghai Equity Exchange. The Vendor, a company engaged in internet and related services, and the Purchaser, a wholly owned subsidiary of China Resources Mixc Lifestyle Services Ltd. providing commercial operation services, are the parties involved in this agreement. The company's board views the terms of the agreements and the transactions as fair and reasonable.
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