The hottest price rose again. Carlyle acquired 45

2022-10-24
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The price rose by 1.8 billion. Carlyle acquired 45% equity of XCMG

the price of foam particle lattice rose by 1.8 billion. Carlyle acquired 45% equity of XCMG

China Construction machinery information

Guide: following the First Amendment Agreement signed on October 16, 2006, XCMG Technology (000425) signed the Second Amendment Agreement with Carlyle again on March 16, According to the amended agreement, Carlyle acquired 45% equity of XCMG technology at the cost of 1.801 billion yuan. It is understood that XCMG group, Carlyle XCMG

following the First Amendment Agreement signed on October 16, 2006, XCMG Technology (000425) signed a second amendment agreement with Carlyle on March 16. According to the Amendment Agreement, Carlyle obtained 45% equity of XCMG technology at the cost of 1.801 billion yuan

it is understood that XCMG group, Carlyle XCMG Machinery Industry Co., Ltd. and XCMG machinery signed the Amendment Agreement (II) of the equity sale and capital stock subscription agreement on March 16, 2007. According to the amended agreement, Carlyle XCMG agreed to purchase 35.60% of the equity of XCMG machinery held by XCMG group with an equivalent amount of US $1217.13 million. In the first amended agreement, the same price corresponds to 40.32% of the equity of XCMG machinery

at the same time, XCMG machinery increased its capital by 214.12 million yuan on the basis of the existing registered capital of 125.301 million yuan, all of which were subscribed by Carlyle XCMG, and the consideration payable was US dollars equivalent to 58.42 million yuan (calculated at the then applicable exchange rate). After the above equity transfer and capital increase, XCMG group will hold 55% equity of XCMG machinery, Carlyle XCMG will own 45% equity of XCMG machinery, XCMG machinery will be changed into a Sino foreign joint venture, and XCMG machinery will hold 90% equity of Xuzhou Heavy Machinery Co., Ltd

it was revealed that on October 25th, 2005, Carlyle planned to offer an equivalent amount of US $2.069 billion to acquire 82.11% equity of XCMG machinery at a purchase price of 2.01 yuan per share. One year later, Carlyle signed the first amended agreement with XCMG group. Carlyle agreed to buy 40.32% equity of XCMG machinery at an equivalent amount of US $1.217 billion, rising to 2.41 yuan per share, 19.9% higher than the initial purchase price. This time, Carlyle acquired 45% equity of XCMG machinery at a cost of 1.801 billion yuan

in addition, in response to the recent market rumors about the overall listing, XCMG Technology (000425) issued a clarification announcement today that XCMG technology had no specific plan for the overall listing in 2007

XCMG technology said that on March 22, the media published an article entitled "speculation on the overall listing of XCMG machinery caused by acquisition changes", which mentioned that "XCMG machinery will inject Xuzhou Heavy machinery into XCMG technology according to the industrial adjustment and upgrading plan (2016 (2) 020)". On the above rumors, XCMG technology verified the situation with Xuzhou state owned assets supervision and Administration Commission, Xuzhou Construction Machinery Group Co., Ltd. and the controlling shareholder XCMG Construction Machinery Co., Ltd. the board of directors of the company confirmed that in 2007, XCMG machinery did not have a specific plan, arrangement and scheme for the overall listing, nor did it have a plan, arrangement and scheme for the asset injection or asset restructuring of listed companies, including Xuzhou Heavy Machinery Co., Ltd

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