Zhong Guo Zheng Quan Bao·2025-11-28 13:57Core Points - The company announced the sale of 100% equity stakes in Fosber Group, Fosber Asia, and Tirua Asia to Foresight US and Foresight Italy for a total base price of €774 million [2][3] - The transaction is expected to constitute a significant asset restructuring and requires internal and external approval processes, including foreign direct investment reviews in Italy and Spain, as well as antitrust reviews in multiple countries [3] Group 1 - The sellers are the listed company and its wholly-owned subsidiary, Oriental Precision Engineering (Netherlands), with the listed company directly holding 100% stakes in Fosber Asia and Tirua Asia, while the Netherlands subsidiary holds 100% of Fosber Group [2] - The ultimate controlling party of the buyers, Foresight US and Foresight Italy, is Brookfield Corporation, a globally recognized investment firm with a strong financial standing and over $1 trillion in asset management [2] Group 2 - The transaction price is subject to negotiation between the parties involved, indicating potential for adjustments based on various factors [3] - The deal highlights the strategic moves within the industry, reflecting ongoing trends in asset restructuring and investment by major firms [3]