Bao Wu merger program officially released leading the wave of industry restructuring-jessica rabbit

Bao Wu combined program officially released: lead the industry restructuring hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client Sina App: Live on-line blogger to tutor the purchase of new shares: the stock market is the most simple way to pick up the money in twenty-first Century economic report Xia Xutian Beijing reported Baosteel (600019, SH), Wuhan shares (600005, SH) officially released the restructuring plan. Twenty-first Century Economic Herald reporter learned exclusively, September 22nd, Baosteel, Wuhan Steel shares two companies also released a "merger report" (hereinafter referred to as the "report"), Baosteel, Wuhan Iron and Steel shares to all shareholders of the convertible shares issued A shares, convertible merger of WISCO shares. Baosteel is the merger of the merger and the survival of the party, Wuhan Iron and Steel shares for the merger of the merged party and the remaining party. After the merger of the listed company will become the world’s steel companies in crude steel output ranked third in the "Big Mac" insiders said, in the current round of supply side structural reforms to the production capacity, improve the industry concentration for the purpose of a new round of iron and steel industry mergers and acquisitions tide, with a central enterprises Baosteel, WISCO will play demonstration of a milepost event, China’s iron and steel industry development history. At the same time, this reorganization will optimize the allocation of resources of the two steel listed companies, to play a synergistic effect, accelerate the cultivation of world-class steel listed companies to enhance the international competitiveness of China’s iron and steel industry. The world’s top three "Big Mac" was born according to the "report", Baosteel and Wuhan Iron and Steel shares of listed companies to price convertible convertible merger consideration of this item announcement board resolution 20 trading days before the stock trading price for the market reference price, and not less than 90% of the market reference price as the pricing principle, the convertible the price determined as 4.60 yuan shares of Baosteel, Wuhan Steel shares 2.58 yuan shares. The exchange price of Baosteel and Wuhan Steel shares to determine the exchange ratio of 1:0.56, that is for every 1 shares of WISCO shares of stock for 0.56 shares of Baosteel shares. At the same time, Baosteel will merger Wuhan Steel shares, Wuhan Steel shares all the assets, liabilities, existing business, personnel qualification, contract, and all other rights and obligations by Wuhan Iron and Steel Co. to undertake and succession, self closing date, Wuhan 100% stake limited by Baosteel control. Baosteel is the most modern China of large iron and steel enterprises, is a core member of the world’s top 500 Baosteel Group, is a leading international world-class steel joint enterprise, specializing in the production of high technology content, high value-added steel products; iron and steel production process in WISCO has the world advanced level of ironmaking, steelmaking and rolling etc. complete, steel products, a total of 7 categories, more than and 500 varieties. Once the deal, after the merger of listed companies will increase in strength, either from the revenue or yield, the national steel industry will become the undisputed giant. At the level of listed companies, the listed companies will be merged in the global iron and steel enterprises in the production of crude steel ranked third, at the group level, the output will exceed the size of the theory相关的主题文章: