ESR Group Limited (HK:1821) has released an update.
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ESR Group Limited has announced a pre-conditional proposal to privatize the company through a scheme of arrangement, resulting in the withdrawal of its shares from the stock exchange. Shareholders can choose between a cash alternative at HK$13.00 per share or an equity share swap as compensation. If approved, the company will become wholly-owned by the Offeror.
For further insights into HK:1821 stock, check out TipRanks’ Stock Analysis page.