Xi'an Aero-engine Acquires 37% Equity in Jilin Bio-chemical - M & A, BUSINESS & TRADE

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Xi'an Aero-engine Acquires 37% Equity in Jilin Bio-chemical

Year:2008 ISSUE:33
COLUMN:M & A, BUSINESS & TRADE
Click:185 DateTime:Nov.25,2008

Xi'an Aero-engine Acquires 37% Equity in Jilin Bio-chemical

Xi'an Aero-engine (Group) Ltd., a leading aero engine manufacturer in China, has acquired a 37.03% interest in China Resource (Jilin) Bio-chemical Co., Ltd.(Jilin Bio-chemical, SH: 600893) from China Resources (Holding) Co., Ltd., according to Jilin Bio-chemical announced on November 3rd.