Core Viewpoint - Meili Tianyuan Medical Health announced a cash acquisition of 100% equity in Shanghai Siyuanli Industrial for 1.25 billion yuan, equivalent to approximately 1.369 billion HKD, which aims to strengthen its market share in the high-end beauty sector in first-tier cities [1] Group 1: Acquisition Details - The acquisition involves a share purchase agreement between Meili Tianyuan's wholly-owned subsidiary Shanghai Meili Tianyuan Medical Health and SYL Holding, along with Shanghai Anyan [1] - Upon completion of the transaction, Shanghai Siyuanli Industrial will become a wholly-owned subsidiary of Meili Tianyuan [1] - The sellers, SYL Holding and Shanghai Anyan, have committed to completing the transaction as per the agreement, pending customary conditions [1] Group 2: Market Impact - The acquisition is expected to further consolidate Meili Tianyuan's position in the high-end beauty market within first-tier cities [1]
美丽田园医疗健康12.5亿元收购上海思妍丽实业100%股份