Core Viewpoint - Shengjing Bank announced a cash offer initiated by Shengjing Financial Holdings and its concert parties to acquire all remaining issued H-shares and domestic shares of Shengjing Bank [1] Group 1: Acquisition Details - The offer price for H-shares is HKD 1.32 per share, while the offer price for domestic shares is RMB 1.20 per share [1] - The total estimated cost of the acquisition is approximately RMB 6.652 billion, with HKD 2.967 billion allocated for H-shares and RMB 3.929 billion for domestic shares [1] - The acquisition is contingent upon the H-share offer becoming unconditional, which includes shareholder approval for delisting at the extraordinary general meeting and independent H-share shareholder approval at the H-share class meeting [1] Group 2: Market Impact - Shengjing Bank's H-shares resumed trading at 9 AM on August 27 following the announcement [1]
盛京银行将申请退市 盛京金控及其一致行动人拟收购全部已发行的H股及内资股