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CPMC Holdings

CPMC Holdings (906 HK): ORG Nearing the Cut-Off Point for Its Competing Offer

424 Views06 May 2024 18:01
An ORG offer has a low probability due to a lack of progress in May and timing risk, as the Changping Industrial offer could be unconditional before the ORG obtains regulatory approvals.
What is covered in the Full Insight:
  • Recap of the situation
  • Progress of the Changping Industrial offer
  • Progress of the ORG possible competing offer
  • Review of different scenarios
  • The role of substantial shareholders
SUMMARY
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