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15 September 2019 The on-line newspaper devoted to the world of transports 08:01 GMT+2



August 27, 2019

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Original news
The group Lowers Merchants Group wants to buy the Maritime AVIC International Holdings

The company is active in the fields of the planning and shipbuilding and the sale of ships

It lowers Merchants Industry Investment Ltd., society integrally controlled from China Merchants Industry Holdings Co. (CMIH) of the marine, harbour group and logistic Chinese Lowers Merchants Group (CMG), has introduced an offer in order to acquire the entire capital of Maritime compatriot AVIC International Holdings, mainly active society in the fields of the planning and shipbuilding and the sale of ships.

The offer is based on a price of 0,15 dollars of Singapore for each action of the AVIC, unit price that assigns to the company a value of 42,8 million dollars of Singapore (USA 31 million dollars).



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