China's Yuntianhua to buy 93.89% stake in Dawei Ammonia for $134m

China's Yuntianhua to buy 93.89% stake in Dawei Ammonia for $134m

Yunnan Yuntianhua Co., Ltd

China’s state-owned chemicals firm Yunnan Yuntianhua plans to buy a 93.89 per cent stake in ammonia producer Yunnan Dawei Ammonia Co., Ltd for 938 million yuan ($134 million), per a company filing with the Shanghai Stock Exchange. 

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