拟约7亿美元收购德司达剩余股权 浙江龙盛15年收购长跑“行至终点”？

Core Viewpoint - Zhejiang Longsheng is set to acquire a 37.57% stake in Dystar Global Holdings for $697 million, aiming to resolve ongoing litigation with KIRI Industries and make Dystar a wholly-owned subsidiary [1][2]. Group 1: Acquisition Details - The acquisition is a response to a ruling by the Singapore International Commercial Court mandating the sale of Dystar shares [1]. - The acquisition cost has increased over time, with the valuation of the 37.57$481.6 million in 2021 to $603.8 million in 2023 [2][3]. - The latest transaction price reflects an increase of over$93 million compared to the March 2023 valuation [3]. Group 2: Financial Performance - Dystar is projected to achieve revenues of $753 million and a net profit of$103 million in 2024 [5]. - In Q1 2025, Dystar reported revenues of $178 million and a net profit of approximately$23 million [5]. - The acquisition aligns with Zhejiang Longsheng's strategy to become a leading global specialty chemicals producer, with expectations of enhanced profitability post-acquisition [5].