Core Viewpoint - Fosun International (00656) announced a settlement agreement between its wholly-owned subsidiary, Stater Investment Holdings Limited (SIHL), and Cainiao Smart Logistics Network Limited (Cainiao) regarding the cancellation price of Cainiao shares with Alibaba Group [1] Summary by Relevant Sections - Settlement Agreement Details - The settlement agreement confirms the negotiated cancellation price of USD 0.62 per share for Cainiao shares [1] - The total consideration for all Cainiao shares held by SIHL amounts to USD 350 million [1] - Upon reaching the settlement, all parties must release and waive any claims related to the cancellation price and cannot initiate further legal proceedings regarding the cancellation price [1] - Financial Impact - The settlement will not result in any gains or losses for the group in the fiscal year 2025 [1]
复星国际(00656)与菜鸟就股份回购达成和解 总对价3.5亿美元