# Xinyi Glass offers to acquire China Glass Holdings for HKD 0.90 per share

Xinyi Glass Holdings Limited, through its subsidiary Xielian Investment, has made a voluntary conditional cash offer to acquire all outstanding shares of China Glass Holdings Limited at HKD 0.90 per share, representing a 17.4% discount to the closing price. The offer also includes convertible bonds and options.

- Type: Acquisition
- Announced: 2020-12-02
- Where: Hong Kong SAR China
- Status: announced
- Products: float glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [China Glass Holdings](https://endata.com/companies/20906.md) (target)
- [Xinyi Glass Holdings](https://endata.com/companies/28460.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/372090.html), 2020-12-03: "要约人有意根据要约收购本公司的大多数权益。"

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