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YFY Inc's Subsidiary to Acquire Shares of YFY Cayman Co., Ltd.
YFY Inc announced that its subsidiary, YFY International BVI Corp., will acquire 63,068,342 shares of YFY Cayman Co., Ltd. from Nippon Paper Industries Co., Ltd. for USD 115 million. After the transaction, YFY International BVI Corp. will hold a 100% stake in YFY Cayman Co., Ltd.
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