Youngor, China's largest shirt company, said Friday it spent 561 million yuan (82 million U.S. dollars), at 18.7 yuan per share, on purchasing 30 million non-public offering A-shares issued by Shenzhen-listed Changsha Zoomlion.
Local construction machinery maker Changsha Zoomlion said yesterday it has completed its acquisition of Italy's Compagnia Italiana Forme Acciaio SpA (CIFA), with Goldman Sachs and two other investors.