China Tian Yuan Healthcare Group Updates Terms for 70% Stake Acquisition in Target Company

Reuters
Jan 08
China Tian Yuan Healthcare Group Updates Terms for 70% Stake Acquisition in Target Company

China Tian Yuan Healthcare Group Limited has entered into a supplemental agreement regarding its proposed acquisition of a 70% equity interest in a target company for RMB2,100,000. The update follows an earlier announcement and addresses the need for a faster integration of the target’s core team and business operations, citing concerns that a mandatory 45-day public notice period for capital reduction could delay the transaction and impact business continuity. The company believes that expediting completion is key to capturing market opportunities in the industry’s upcoming peak season and driving immediate business expansion. All other terms of the agreement remain unchanged.

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