Iron Horse Acquisitions enters business combination with Rosey Sea Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2024
0mins
Business Combination Announcement: Iron Horse Acquisitions has entered into a definitive agreement to merge with Rosey Sea Holdings and its subsidiary, China Food Investment (CFI), aiming for CFI to become a wholly owned subsidiary of Iron Horse, which will be renamed to China Food Investment.
Transaction Details: The merger is expected to close in the first quarter of 2025, subject to regulatory approvals, and will result in an estimated enterprise value of $523 million for the combined company, which will continue to be listed on The Nasdaq Stock Market.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
