# Ourjin proposes HK$7.21 per share takeover offer for COFCO Packaging

Ourjin (002701.SZ) plans a voluntary conditional cash general offer at HK$7.21 per share to acquire all issued shares of COFCO Packaging (00906), with total consideration capped at HK$6.066 billion (about RMB 5.524 billion). The offer is backed by an irrevocable commitment from shareholder Zhang Wei holding about 22% of the target.

- Type: Acquisition
- Announced: 2024-06-07
- Where: China
- Value: $777.7M (6.07B HKD)
- Status: announced
- Products: beverage packaging, food and beverage packaging, dairy packaging, daily chemical packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [COFCO Packaging](https://endata.com/companies/4474.md) (target)
- [Ourjin](https://endata.com/companies/11938.md) (acquirer)
- [Zhang Wei](https://endata.com/companies/11939.md) (investor)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1133100.html), 2024-06-07: "此次要约价格为每股要约股份7.21港元，整体交易对价上限为60.66亿港元"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.