Youngor buys stake of Changsha Zoomlion

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.

Zoomlion buys Italy's construction machinery maker CIFA

China's top construction machinery maker, Zoomlion, signed a purchase agreement with Italy's Compagnia Italiana Forme Acciaio Spa (CIFA) on Sunday.

Zoomlion wraps up CIFA purchase

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.