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Article: FirstLink Investments to enter fertilizer business.(NEWSDESK: M & A)
- Article from:
- China Chemical Reporter
- Article date:
- July 26, 2007
CopyrightCOPYRIGHT 2007 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FirstLink Investments will invest 6.4 million Singapore Dollars (US$41.6 million) to acquire China Plant Nutrition--an organic compound fertilizer company by two stages.
The two companies signed an agreement for the first stage recently. According to the agreement, FirstLink Investments will invest 16.0 million Singapore Dollars to acquire 25% equity in China Plant Nutrition. The second stage for the acquisition is a call option in a period of five years after ...