CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares

Reuters01-29

CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares

CN Energy Group Inc. has entered into a framework agreement with the shareholders of Blessing Logistics Ltd., an oil trading company based in Alberta, Canada. Under the terms outlined, CN Energy Group would acquire approximately 82% of Blessing Logistics’ equity in exchange for its own Class A ordinary shares, with the total consideration expected to be around US$2.0 million. The agreement allows both parties to negotiate a definitive share purchase agreement within 60 days, with the potential for termination if no final agreement is reached. The proposed acquisition aims to provide CN Energy Group with a platform for expansion into the energy trading and upstream investment sectors, particularly in North America. Completion of the transaction remains subject to further negotiation, due diligence, and approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN74129) on January 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607774088?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-29 18:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607774088","market":"fut","top_or_hot":-1,"title":"CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CN Energy Group Inc. has entered into a framework agreement with the shareholders of Blessing Logistics Ltd., an oil trading company based in Alberta, Canada. Under the terms outlined, CN Energy Group would acquire approximately 82% of Blessing Logistics’ equity in exchange for its own Class A ordinary shares, with the total consideration expected to be around US$2.0 million. The agreement allows both parties to negotiate a definitive share purchase agreement within 60 days, with the potential for termination if no final agreement is reached. The proposed acquisition aims to provide CN Energy Group with a platform for expansion into the energy trading and upstream investment sectors, particularly in North America. Completion of the transaction remains subject to further negotiation, due diligence, and approvals.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN74129) on January 29, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-29 18:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CN Energy Group Inc. has entered into a framework agreement with the shareholders of Blessing Logistics Ltd., an oil trading company based in Alberta, Canada. Under the terms outlined, CN Energy Group would acquire approximately 82% of Blessing Logistics’ equity in exchange for its own Class A ordinary shares, with the total consideration expected to be around US$2.0 million. The agreement allows both parties to negotiate a definitive share purchase agreement within 60 days, with the potential for termination if no final agreement is reached. The proposed acquisition aims to provide CN Energy Group with a platform for expansion into the energy trading and upstream investment sectors, particularly in North America. Completion of the transaction remains subject to further negotiation, due diligence, and approvals.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN74129) on January 29, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4090","symbol_name":"商品化工","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260129:nNDL2fNfTx:1","article_id":"2607774088","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607774088","pubTimestamp":1769682614,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CN Energy Group Inc. has entered into a framework agreement with the shareholders of Blessing Logistics Ltd., an oil trading company based in Alberta, Canada. Under the terms outlined, CN Energy Group would acquire approximately 82% of Blessing Logistics’ equity in exchange for its own Class A ordinary shares, with the total consideration expected to be around US$2.0 million. The agreement allows both parties to negotiate a definitive share purchase agreement within 60 days, with the potential for termination if no final agreement is reached. The proposed acquisition aims to provide CN Energy Group with a platform for expansion into the energy trading and upstream investment sectors, particularly in North America. Completion of the transaction remains subject to further negotiation, due diligence, and approvals.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4090":"商品化工","CNEY":"Cn Energy Group Inc"},"translate_title":"CN Energy Group将以200万美元收购Blessing Logistics 82%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNEY":0.9},"content_text":"CN Energy Group to Acquire 82% Stake in Blessing Logistics for $2 Million in Shares\n    \n\n        CN Energy Group Inc. has entered into a framework agreement with the shareholders of Blessing Logistics Ltd., an oil trading company based in Alberta, Canada. Under the terms outlined, CN Energy Group would acquire approximately 82% of Blessing Logistics’ equity in exchange for its own Class A ordinary shares, with the total consideration expected to be around US$2.0 million. The agreement allows both parties to negotiate a definitive share purchase agreement within 60 days, with the potential for termination if no final agreement is reached. The proposed acquisition aims to provide CN Energy Group with a platform for expansion into the energy trading and upstream investment sectors, particularly in North America. Completion of the transaction remains subject to further negotiation, due diligence, and approvals.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN74129) on January 29, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607774088","isCrawlerRequest":true}