China's Shanghai Lansheng acquires Donghao Lansheng unit for $210m

China's Shanghai Lansheng acquires Donghao Lansheng unit for $210m

SH-listed trading group Shanghai Lansheng Corporation is set to acquire Shanghai Donghao Lansheng Exhibition, a subsidiary of the state-owned Donghao Lansheng (Group) Co.,Ltd, for 1.46 billion yuan ($210 million), per a filing with Shanghai Stock Exchange (SSE).