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Meidu Holding Co Ltd to Acquire Woodbine Acquisition LLC


Thursday, 11 Jul 2013 08:00pm EDT 

Meidu Holding Co Ltd announced that it plans to acquire a 100% stake in Woodbine Acquisition LLC, which is a United States-based company engaged in the oil and gas development and sales, from Woodbine Holdings LLC for USD 135 million. After acquisition, the Company will inject funds it raised from private placement of A shares into Woodbine Acquisition LLC, for the construction of a capacity building project in Woodbine oilfield. 

Company Quote

8.55
0.38 +4.65%
27 Apr 2015