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Highway Holdings Plans to Acquire 51% of Regent-Feinbau Adermann GmbH
Prnewswire· 2025-12-23 12:00
HONG KONG, Dec. 23, 2025 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, the "Company" or "Highway Holdings") today announced it has signed a letter of intent ("LOI") with LeMALe Beteiligungs-GmbH ("LeMaLe" or "Seller") to acquire 51% of German-based Regent-Feinbau Adermann GmbH ("Regent-Feinbau") primarily for cash and a smaller amount of the Company's unregistered shares. The proposed acquisition, which targets a close by the end of March 2026, remains subject to the completion of due diligence, ...