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Alconix Corp Completes Acquisition of UNIVERTICAL Group Companies and Acquires Shares in UNIVERTICAL INTERNATIONAL (MAURITIUS) INC. from Pacific Resources International LLC.


Wednesday, 13 Feb 2013 10:30pm EST 

Alconix Corp announced that it has completed the acquisition of 72,536 shares in UNIVERTICAL group companies at the price of USD 82 million, on December 31, 2012. The Company also has acquired 1,376,142 shares (a 30% stake) in UNIVERTICAL INTERNATIONAL (MAURITIUS) INC., which is a 70%-owned joint venture of UNIVERTICAL CORPORATION, from Pacific Resources International LLC. at the price of USD 7 million on January 31, 2013. The joint venture is a China-based holding company engaged in plating chemical business. 

Company Quote

1445.0
14.0 +0.98%
12:37am EDT