Corporate acquisition and integration
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Zhejiang Longsheng assumes full control of DyStar
Yahoo Finance· 2026-01-05 20:00
The settlement was concluded through several agreements, including a Share Buy-Back Agreement and a Framework Agreement, both dated 12 December 2025, as well as an Amended and Restated Share Purchase Agreement finalised on 13 December 2025. These agreements amended the original Share Purchase Agreement signed on 29 May 2025. The transaction involved the purchase of a 37.5% shareholding previously held by KIRI Industries for a total sum of $688.88m. DyStar provided $426.52m of the payment while Zhejiang ...