Zhejiang Supor to Buy Kitchen Utensil Maker for 387 Million Yuan

MT Newswires Live09-29

Zhejiang Supor (SHE:002032) plans to acquire 75% of kitchen utensils and cookware maker Wuhan Supor Cookware for 386.8 million yuan, according to a Shenzhen bourse disclosure on Saturday.

Chinese cookware and small appliances company's shares slipped less than 1% during Monday's trade.

The stake will be bought from its subsidiary, Wuhan Supor Pressure Cooker.

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