Sichuan Expressway Acquires 85% Stake in Hubei Jingyi Expressway

Reuters
2026.01.12 09:01
portai
I'm PortAI, I can summarize articles.

Sichuan Expressway Company Limited has agreed to acquire an 85% stake in Hubei Jingyi Expressway Co., Ltd. This acquisition aims to enhance Sichuan Expressway's presence in the expressway sector, with the valuation based on a benchmark date of July 31, 2025. The details are outlined in an equity transfer agreement. This news was generated by Public Technologies and is for informational purposes only, not to be considered as financial or legal advice.