It is learned that China Ping An Insurance (Group) Co., Ltd. will acquire 47.7% of the shares of China Automotive's car home held by Australian Telecom at a price of US$1.6 billion. It is understood that China Ping An's transaction price is 29.55 US dollars per share, while the car home on the New York Stock Exchange on April 14 closing price of 30.16 US dollars. Founded in 2005, Auto House is China's leading automotive Internet platform, providing consumers with one-stop services for car selection, car purchase, car use, and car change. Telstra entered the car home in 2008, when it spent $76 million to acquire a 55% stake in the car home from Shengtuo Media. Some media reports said that the acquisition of the shares of the car home held by Australia Telecom by Ping An Group is only the beginning. According to the plan, after the completion of the equity acquisition, SPV (special purpose entity) headed by Ping An Group will launch a comprehensive privatization offer for the car home, which is expected to be completed within 6-9 months. In the follow-up privatization process, strategic investments such as Tencent, Jingdong and Yiqi will participate. The privatized car home will return to the A-share market.
Features
3. Negative-pressure conveying system could constantly
exhaust the heat in the pulverizer produced by the grinding work. So our
universe Grinding machine is also suitable for thermal sensitive materials.
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1. Our Universe Grinding Machine has a simple and compact structure, and it is
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