China Greenland Broad Greenstate Group provides update on acquisition of Shanghai Greenland Senmao Landscaping Engineering
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China Greenland Broad Greenstate Group has updated on its acquisition of 100% equity in Shanghai Greenland Senmao Landscaping Engineering. The valuation was based on a market approach using comparable company methodology, focusing on public companies in construction, engineering, or environmental services with significant revenue from these sectors and a trading history of at least three years. The board affirmed that the acquisition terms are fair and in the interest of the company and its shareholders, with no changes to previous details.
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