Inner Mongolia Mengdianhuaneng Thermal Power Corporation Limited (600863.SH) announced plans to acquire a 70% stake in Northern Shangdu Zhenglanqi New Energy Co., Ltd. and a 75.51% stake in Northern Duolun New Energy Co., Ltd. from Northern United Power Co., Ltd. through a combination of share issuance and cash payment, along with fundraising.
According to the Shanghai Stock Exchange (SSE) Mergers and Acquisitions Restructuring Review Committee's notice, the committee will convene its 22nd review meeting of 2025 on December 11 to evaluate the company's transaction application.
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