Aolan has been approved to divest 44.58% of its stake in Aolan Agriculture, with the stock price soaring nearly 9% | Lianhe Zaobao
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Aolan Group has received regulatory approval to sell its 44.58% stake in Aolan Agriculture to the Saudi Agricultural and Livestock Investment Company. This transaction is the latest development in the two-phase sale of a 64.57% stake in Aolan Agriculture, which is expected to bring approximately $2.6 billion in revenue to the group. Following the announcement, Aolan's stock price surged 6.20% at the opening and further increased to 8.99% in the morning
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