Shaanxi J&R Fire Fighting Co., Ltd. (SZSE:300116) entered into a share purchase agreement to acquire 5.5% stake in CNinsure Inc. (NasdaqGS:CISG) from Kingsford Resources Limited for $37.4 million in cash on July 1, 2015. Under the terms, Kingsford Resources will acquire 3.16 million American Depositary Shares for $11.8 per American Depositary Share. Upon closing, Shaanxi J&R Fire Fighting Co., Ltd. will hold 5.5% stake in CNinsure Inc. The deal is subject to satisfaction of certain closing conditions and expected to close within 60 days.
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5-day change | 1st Jan Change | ||
3.29 USD | +1.23% | +0.30% | -50.53% |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-50.53% | 19Cr | |
-5.22% | 6TCr | |
+9.09% | 5.36TCr | |
+3.51% | 2.55TCr | |
+21.39% | 2.46TCr | |
+16.28% | 860.32Cr | |
+25.83% | 644.45Cr | |
-6.36% | 398.87Cr | |
0.00% | 331.46Cr | |
+45.00% | 230.17Cr |
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- Shaanxi J&R Fire Fighting Co., Ltd. entered into a share purchase agreement to acquire 5.5% stake in CNinsure Inc. from Kingsford Resources Limited for $37.4 million.