Core Viewpoint - Shentong Express has received approval from the State Administration for Market Regulation for its acquisition of Zhejiang Danyun Logistics Technology Co., Ltd, allowing the company to proceed with the transaction [1] Group 1: Acquisition Details - Shentong Express announced on July 25 that its wholly-owned subsidiary intends to acquire 100% equity of Zhejiang Danyun Logistics Technology Co., Ltd for a cash consideration of 362 million yuan [1] - Upon completion of the transaction, Shentong Express will indirectly hold 100% equity of Danyun Logistics, which will be included in the company's consolidated financial statements [1] Group 2: Regulatory Approval - The approval from the market regulator indicates that the acquisition does not face antitrust prohibitions, allowing Shentong Express to implement the concentration immediately [1] - The transaction is subject to other legal requirements, including payment of the transaction price and registration of equity transfer [1]
申通快递:市场监管总局对公司收购丹鸟物流股权案不予禁止