M&A
confidence high
sentiment neutral
materiality 0.70
Planet Green to acquire beef importer Shandong Yunchu for 5.9M shares
Planet Green Holdings Corp.
- Acquires 100% of Shandong Yunchu Supply Chain, a Chinese beef importer/distributor.
- Issues 5,900,000 common shares to Sellers as consideration; no cash disclosed.
- Sellers subject to one-year lock-up and four-year non-compete agreements.
- Closing subject to customary conditions; financial statements to be filed by amendment within 71 days.