# ORG Technology proposes full takeover of COFCO Packaging

COFCO Packaging announced it received a preliminary non-binding letter from ORG Technology Development indicating a possible voluntary conditional cash offer to acquire all issued shares of COFCO Packaging. The letter was received on December 11, 2023.

- Type: Acquisition
- Announced: 2023-12-11
- Where: China
- Status: rumored
- Products: packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ORG Technology](https://endata.com/companies/4339.md) (acquirer)
- [COFCO Packaging](https://endata.com/companies/4474.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1036610.html), 2023-12-12: "公司董事会收到公司的主要股东奥瑞金发展有限公司(潜在竞争要约人)发出的初步无约束力意向书，说明其有意作出可能自愿有条件全面现金要约以收购公司全数已发行股份。"

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