Invengo plans 100% Guangtai acquisition to enter optical communications automation

Verifying
  • Invengo plans to acquire all equity in Shenzhen Guangtai Communication Equipment Co., Ltd.
  • September 10 closing price was 7.31 yuan, with market capitalization near 5.408 billion yuan.
  • Guangtai would become Invengo’s wholly owned subsidiary after due diligence and formal agreement.
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