Jingtian & Gongcheng Advises Dunan Environment on its CNY 88.8 Million Acquisition of Jiangsu Datong
Date:2010-04-27
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April 27, 2010, Zhejiang Dunan Artificial Environmental Equipment Co., Ltd (Dunan Environment), a Shenzhen-based listed company (002011.SZ), acquired a 67% stake in Jiangsu Datong Fun Co., Ltd, a Nantong-based manufacturer and wholesaler of blowers, for a consideration of CNY 88,880,000. This transaction will enhance competitiveness of Dunan Environment in the nuclear power industry.
Jingtian & Gongcheng acted for Dunan Environment in the transaction.