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Luxi Chemical merged with Luxi Group in reverse

 Last Update: 2023-01-01
 Source: Internet
 Author: User

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Recently, Luxi Chemical issued an announcement that the company intends to absorb and merge Luxi Group by issuing shares to all shareholders of Luxi Group (Sinochem Investment, Sinochem Liaocheng, Caixin Holdings and Aggregation Investment), with an issue price of 14.
76 yuan per share and a final transaction price of 6.
395 billion yuan
.
It is reported that after the merger, the company will still be committed to the chemical field, and has not considered adding other business segments
for the time being.
From the perspective of the corporate structure of Luxi Chemical, the merger of Luxi Group means that Sinochem Group will become the first shareholder
of the company.

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