Liuzhou Steel announced the purchase of Guangxi failed announcement
Recently, Liuzhou Iron and Steel Co., Ltd. issued a public announcement, the company originally intended to issue shares and cash to buy Guangxi Zhongjin Metal Technology Co., Ltd. 100% stake.
Both parties failed to finalize the trading price of the transaction price of the stock issue of the principle of performance of the terms of betting, stock lock-up terms agreed. After the parties to the transaction by consensus, decided to terminate the transaction. The company will hold an investor briefing on January 17.