China Business News: Jilin Yatai to acquire Jinyuan Cement for RMB 311.64 mln

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Jilin Yatai to acquire Jinyuan Cement for RMB 311.64 mln

Sep. 23, 2009 (China Knowledge) - Chinese cement firm Jilin Yatai (Group) Co Ltd<600881> plans to acquire 100% equity interest in Jilin Jinyuan Cement Co Ltd to further expand its market share in Northeast China. Jilin Yatai said in a statement filed with the Shanghai Stock Exchange that it will spend RMB 311.64 million to complete the acquisition. As a major cement producer in Jilin pro

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