Xinhua Winshare agrees to acquire 100% equity of Ethnic Publishing House for 346 million yuan
According to 36Kr, Xinhua Winshare announced its plan to acquire 100% equity of Sichuan Ethnic Publishing House Co., Ltd., held by controlling shareholder Sichuan Xinhua Publishing and Distribution Group, for 346 million yuan. The transaction is expected to address potential competition issues and to enhance the company's ethnic publishing content layout and enrich its content supply system.
Key facts
- 01Xinhua Winshare plans to acquire 100% equity of Sichuan Ethnic Publishing House.
- 02Acquisition price is 346 million yuan.
- 03The target is Sichuan Ethnic Publishing House Co., Ltd., held by Sichuan Xinhua Publishing and Distribution Group.
- 04The deal aims to address potential competition issues and improve ethnic publishing content layout and content supply system.
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