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AsiaInfo Technologies Adjusts Share Transfer Deal

AsiaInfo Technologies Adjusts Share Transfer Deal

AsiaInfo Technologies Limited (HK:1675) has released an update.

AsiaInfo Technologies Limited has announced an adjustment in the share transfer consideration between a substantial shareholder and AsiaInfo Security due to market condition changes. The new agreement sets the share price at HK$7.70, with a final dividend adjustment bringing the transaction to approximately HK$1,311.2 million. The completion date for the transaction has also been extended, with regulatory approvals still pending.

For further insights into HK:1675 stock, check out TipRanks’ Stock Analysis page.

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