Shandong Jiangquan Industry Co Ltd* Says it plans to buy Shandong Ruifu Lithium for 2.2 billion yuan ($329.44 million) via asset swap, cash and share issue* Says it aims to raise up to 821.6 million yuan in private placement of shares to fund acquisition, project* Says H1 returns to net profit of 40.7 million yuan vs net loss of 230.5 million yuan year ago
Source: BRIEF-Shandong Jiangquan buys lithium producer via asset swap, cash and share issue | Reuters