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Mofcom approves Tongwei, Sichuan Yongxiang deal

( November 2, 2015, 02:35 GMT | Official Statement) -- MLex Summary: China’s Ministry of Commerce approved the proposed acquisition of a 99.9-percent stake in Sichuan Yongxiang Corporation by Tongwei, Tongwei said in a stock exchange filing. Tongwei manufactures and sells feed for livestock and aquatic animals. Yongxiang is a manufacturer of polysilicon, PVC, caustic soda and cement. The deal underwent Mofcom’s simple case review and was publicized for public consultation on Oct. 8.The statement is attached....

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