国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

World
Home / Financial Integration

Silk Road Fund joins ChemChina in industrial investment in Pirelli & C.SpA

(chinadaily.com.cn)

Updated: 2015-06-05 23:42:58

Silk Road Fund, the recently launched Chinese investment fund, signs today an equity investment agreement with ChemChina to hold a 25% stake in CNRC International Holding (HK) Limited ("CNRC HK").

CNRC HK was established to acquire, through its affiliates, the Pirelli ordinary shares owned by Camfin and thereafter to launch the Mandatory Tender Offer for Pirelli ordinary shares and the Voluntary Tender Offer for Pirelli savings shares, both at 15.00 euros?per share, as announced by Camfin on March 22, 2015.

The acquisition has been approved by the relevant Chinese authority while the global antitrust review is under way. The acquisition of the Camfin shares is expected to be completed during summer 2015.

The signing of the agreements indicates that ChemChina, Silk Road Fund, Pirelli management and other partners involved in the transaction will join forces in the long term industrial investment in Pirelli as they are all committed to working together to build a market leader in the global tire industry.

* * *

Silk Road Fund is a $40 billion medium to long term investment fund established in Beijing in December 2014. It makes outbound investment through both equity and debt financing. The fund focuses on infrastructure, energy, industrialization and financial cooperation that are vital to the connectivity of the Chinese economy with the rest of the world.

ChemChina is the largest enterprise in China's chemical industry and ranks 276th among the Global Fortune 500. It is a leading Chinese company in materials science, life science, environmental science plus basic chemicals sectors. It is a domestic industrial leader in the manufacturing of all steel radial tires and off-the-road tires, and the largest producer of auto brake hose and high strength conveyor belt in China.

 

 
...
衡东县| 长海县| 高密市| 裕民县| 太保市| 五家渠市| 昌平区| 西吉县| 若尔盖县| 聂荣县| 通许县| 太仆寺旗| 文水县| 石泉县| 云安县| 临邑县| 怀来县| 资阳市| 海盐县| 庆阳市| 雷波县| 安阳市| 吴桥县| 铜梁县| 苏尼特右旗| 车致| 桐梓县| 东台市| 盐池县| 兖州市| 晋中市| 涪陵区| 城市| 周宁县| 建水县| 桐庐县| 沙坪坝区| 湖州市| 越西县| 内丘县| 杭州市|