龙佰集团：下属子公司拟收购Venator UK钛白粉业务相关资产

Core Viewpoint - Longbai Group (002601.SZ) announced that its subsidiary, Baililian Europe, plans to acquire assets related to the titanium dioxide business from Venator UK for $69.9 million in cash, excluding taxes and fees [1] Group 1: Acquisition Details - The acquisition includes land, buildings, machinery, spare parts, business books, intellectual property, and inventory [1] - The transaction price will be adjusted based on the inventory status on the delivery date [1] - The estimated tax liabilities for Baililian Europe are approximately $14.19 million [1] Group 2: Funding and Approval - The funding for the acquisition will come from the company's own funds or self-raised funds [1] - The transaction has been approved by the company's eighth board of directors at its twenty-second meeting and does not require shareholder approval [1] - The transaction is not classified as a related party transaction or a major asset restructuring [1]