Dalian Port to absorb Yingkou Port

Dalian Port Group has announced a merger plan to take over Yingkou Port through a share swap deal. Under the merger deal, Dalian Port will absorb the entire assets and liabilities of Yingkou Port for a price of RMB16.7bn ($2.4bn) and the latter will cancel its business registration and delist from Shanghai Stock Exchange. Additionally, …

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