Spending 1.6 billion to acquire! Leading pig companies enter new tracks
Posted: Tue Feb 18, 2025 5:25 am
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1217
Since the beginning of this year, with strong policy support, the M&A market has continued to be hot!
According to Wind data, as of December 11, there have been more than 1,300 mergers and acquisitions this year, among which technological innovationdriven, deep industrial integration, and sustainable development concepts have become the mainstream. . Recently, there was another industrial integration and merger.
Glodon learned that on December 14, Wen's Foodstuffs Group oman phone number list Co., Ltd. 300498, a GEMlisted company, issued an announcement stating that it plans to use approximately RMB 1.61 billion in cash to acquire 91.38% of the equity of Yuncheng Herui Environmental Technology Group Co., Ltd. referred to as "Yuncheng Herui". After the transaction is completed, Yuncheng Herui will become a whollyowned subsidiary of Wen's Foodstuffs Group Co., Ltd.
This transaction has a significant premium. The total equity value of Yuncheng Herui shareholders evaluated by the income method is about 1.772 billion yuan, which is an increase of about 962 million yuan compared with the book owner's equity of 810 million yuan. compared to the book value of owners' equity of RMB 810 million . After negotiation, the valuation of 100% equity of Yuncheng Herui was adjusted to 1.762 billion yuan.
1217
Since the beginning of this year, with strong policy support, the M&A market has continued to be hot!
According to Wind data, as of December 11, there have been more than 1,300 mergers and acquisitions this year, among which technological innovationdriven, deep industrial integration, and sustainable development concepts have become the mainstream. . Recently, there was another industrial integration and merger.
Glodon learned that on December 14, Wen's Foodstuffs Group oman phone number list Co., Ltd. 300498, a GEMlisted company, issued an announcement stating that it plans to use approximately RMB 1.61 billion in cash to acquire 91.38% of the equity of Yuncheng Herui Environmental Technology Group Co., Ltd. referred to as "Yuncheng Herui". After the transaction is completed, Yuncheng Herui will become a whollyowned subsidiary of Wen's Foodstuffs Group Co., Ltd.
This transaction has a significant premium. The total equity value of Yuncheng Herui shareholders evaluated by the income method is about 1.772 billion yuan, which is an increase of about 962 million yuan compared with the book owner's equity of 810 million yuan. compared to the book value of owners' equity of RMB 810 million . After negotiation, the valuation of 100% equity of Yuncheng Herui was adjusted to 1.762 billion yuan.