Weiqiao Textile Technology to privatize Weiqiao Textile via merger

Weiqiao Textile Technology announced a merger agreement to absorb Weiqiao Textile, offering HKD 3.50 per H-share and CNY 3.180870 per domestic share, valuing the deal at approximately HKD 1.448 billion and CNY 72.84 million.

“要约人及公司订立合并协议，据此，要约人及公司将根据合并协议的条款及条件实施合并。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com魏桥纺织科技拟以吸收合并方式私有化魏桥纺织(02698) 将于12月5日复牌Dec 4, 2023

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