Emerging markets PM, economist, CFA charterholder

Mark A. DeWeaver, PhD, CFA

Event-Driven

China National Building Material / Event-Driven

Potential synergies could make CNBM’s Sinoma acquisition a good deal for both sides.In early September, <a href="https://www.smartkarma.com/entities/184" target="_blank" data-smartkarma-citation="entities:184:1">China National Building Material Co Ltd (3323 HK)</a> (CNBM) and  <a href="https://www.smartkarma.com/entities/12022" target="_blank" data-smartkarma-citation="entities:12022:1">China National Materials Company Limited (1893 HK)</a> (Sinoma) announced that they would be merging via a share swap, with CNBM issuing 0.85 new shares in exchange for each Sinoma share. Post-merger, Sinoma will be delisted from the Hong Kong Stock Exchange and absorbed by CNBM. Original CNBM shareholders will end up with 64% of the…

Potential synergies could make CNBM’s Sinoma acquisition a good deal for both sides.In early September, China National Building Material Co Ltd (3323 HK) (CNBM) and  China National Materials Company Limited (1893 HK) (Sinoma) announced that they would be merging via a share swap, with CNBM issuing 0.85 new shares in exchange for each Sinoma share. Post-merger, Sinoma will be delisted from the Hong Kong Stock Exchange and absorbed by CNBM. Original CNBM shareholders will end up with 64% of the…

Cement Synergies: A Look at CNBM's Sinoma Acquisition

China

China National Materials Company Ltd. provides cement-making equipment and engineering services.

China National Materials Company (1893 HK)

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Cement Synergies: A Look at CNBM's Sinoma Acquisition

Potential synergies could make CNBM’s Sinoma acquisition a good deal for both sides.In early September, China National Building Material Co Ltd...

Mark A. DeWeaver, PhD, CFA