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Shanghai Synthetic diamond Chlor-Alkali sells stake in Bayer Polymers Shanghai
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Shanghai Chlor-Alkali sells stake in Bayer Polymers ShanghaiPublished: 16 Apr 2009 19:19:25 PSTApr. 17, 2009 (China Knowledge) – Shanghai Chlor-Alkali Chemical Co Ltd<600618><900908> released a statement saying that earlier this month it sold a 10% stake in Bayer Polymers (Shanghai) Co Ltd to Bayer MaterialScience AG.Bayer MaterialScience acquired the stake for RMB 230 million.Bayer Polymers (Shanghai) will finish the necessary transfer procedures in mid-April.In total, Shanghai Chlor-Alkali spent about RMB 154.57 million to buy the 10% stake, which it acquired in seven separate purchases.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newsカード 現金化 比較 lithium polymer カード 現金化 autoboss V30 港澳游 江南古镇 in stock kitchen cabinets 深圳南山搬家公司