龙佰集团：子公司拟6990万美元收购Venator UK钛白粉业务相关资产

Core Viewpoint - Longbai Group plans to acquire assets related to titanium dioxide business from Venator UK for a total consideration of $69.9 million, which will enhance its global industrial layout and diversify its chlorination titanium dioxide product matrix [1] Group 1: Acquisition Details - The acquisition will be conducted in cash and includes assets such as land, buildings, machinery, spare parts, business accounts, intellectual property, and inventory [1] - The transaction price of $69.9 million is exclusive of VAT, stamp duty, and other taxes, which are expected to be approximately $14.19 million [1] - The final acquisition price will be adjusted based on the inventory situation at the time of closing [1] Group 2: Strategic Implications - This acquisition is aimed at advancing the company's global industrial layout [1] - It will enrich the company's product matrix for chlorination titanium dioxide [1]