# ORG Packaging plans to launch voluntary conditional offer for all shares of COFCO Packaging

ORG Packaging (002701.SZ) announced that its subsidiaries will invest in a partnership to raise CNY 3.092 billion to fund a voluntary conditional general offer to acquire all issued shares of COFCO Packaging Holdings (00906.HK) not already held by the offeror and its concert parties.

- Type: Acquisition
- Announced: 2024-02-06
- Where: China
- Value: $430.0M (3.09B CNY)
- Status: announced
- Products: packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [COFCO Packaging](https://endata.com/companies/4474.md) (target)
- [ORG Packaging](https://endata.com/companies/13426.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1069352.html), 2024-02-06: "合伙企业设立完成后将被纳入公司合并报表范围，并将向公司全资子公司北京市华瑞凤泉管理咨询有限公司增资人民币30.92亿元，用于筹划向香港联合交易所有限公司上市公司中粮包装控股有限公司全体股东发起自愿有条件全面要约，以现金方式收购中粮包装控股有限公司全部已发行股份"

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