bullish

Fengxiang (9977 HK): No Share Alternative Offer

410 Views12 Jun 2025 17:12
The decision not to introduce the share alternative offer underscores PAG's confidence in the vote. For an end-of-Nov payment, the gross/annualised spread is 7.0%/14.9%.
What is covered in the Full Insight:
  • Introduction and Offer Details
  • Rationale Behind No Share Alternative
  • Shareholder Commitments and Voting Implications
  • Analysis of Blocking Stakes
  • Expected Timeline and Conclusion
SUMMARY
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