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India

Zoomlion Heavy Industry Science And Technology, Infore Environment Technology Enter MoU


Friday, 18 May 2018 

May 18 (Reuters) - Zoomlion Heavy Industry Science and Technology Co Ltd <000157.SZ>::COMPANY AND INFORE ENVIRONMENT TECHNOLOGY GROUP ENTERED INTO A NON-LEGALLY BINDING MOU.INTENDS TO SELL 20% STAKE IN CHANGSHA ZOOMLION ENVIRONMENTAL INDUSTRY CO.CONSIDERATION WILL BE SETTLED ENTIRELY BY ISSUE OF NEW SHARES BY INFORE ENVIRONMENT TO CO. 

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