FilingReader Intelligence
Yitai Coal launches partial tender offer for ST Xinchao shares
April 19, 2025 at 05:12 AM UTC•By FilingReader AI
Inner Mongolia Yitai Coal Co., Ltd. (SSE:900948) announced its intention to launch a partial tender offer to acquire a controlling 51% stake in Shandong Xinchao Energy Co., Ltd. (ST Xinchao). The offer, targeting 3,468,252,870 shares, is priced at CNY 3.40 per share, amounting to a total investment of CNY 11,792,059,758, funded from Yitai Coal's own capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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