Del future today disclosed in the announcement, the termination of the restructuring plan started late last year, namely through the issuance of shares and payment of cash to buy 70% stake in Xiamen science and technology Bo Hao and graphene into graphene Technology Co. Ltd. (hereinafter referred to as the "ene into graphene") a 79.66% stake and raise matching funds.
It is understood that the acquisition plan began in November 27th last year, the company disclosed plans in March 2016. According to the plan, the company intends to issue shares and cash, respectively, to 363 million yuan and 342 million yuan transaction price, the acquisition of the above equity.
The reason for this transaction frustrated, Del explained that because of the future, one of the underlying assets of Bo Hao technology market environment changed greatly, the results promise there is greater uncertainty, the company decided to make major adjustments to the trading scheme, the acquisition of 70% stake in science and technology is no longer Bo hao.
However, after the withdrawal of the reorganization of the application documents, Del in the future and another transaction - graphene shareholders to renegotiate, intends to 162 million yuan to graphene graphene Eastern acquisition of a total of 53.8915% equity. After the completion of the acquisition, the company and a wholly owned subsidiary of Del graphene industrial investment fund will hold a total of graphene graphene 74.2316% stake.
Del said in the future, the transaction is conducive to enhancing the graphene into graphene and the company's existing graphene new material business synergies, is conducive to further improve the profitability of listed companies.
Original title: Del's future plan to buy graphene frustrated
