China Environmental Group Extends Acquisition Date

China Environmental Resources Group Ltd. (DE:BFT1) has released an update.

China Environmental Resources Group Ltd. has announced a six-month extension to the long stop date of their Memorandum of Understanding for a prospective acquisition, now set for 27 September 2024. This extension relates to the company’s subsidiary’s plan to acquire 51% of the shares of a target company, as part of its ongoing expansion strategy. There have been no other changes to the terms of the original agreement.

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