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IDT International Offer Closes With Joint Offerors Cementing 72% Stake

Story Highlights
  • Mandatory cash offer for IDT International closed with minimal additional acceptances.
  • Joint offerors now control about 72% of IDT’s shares, tightening market free float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IDT International Offer Closes With Joint Offerors Cementing 72% Stake

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The latest announcement is out from IDT International Limited ( (HK:0167) ).

IDT International Limited, incorporated in Bermuda and listed in Hong Kong, is the subject of a change-of-control transaction involving Hong Kong Hunglap Technology Co., Limited and Horizon Heights Ltd., which together act as joint offerors for its shares.

The company and the joint offerors announced the close of their mandatory unconditional cash offer on 21 January 2026, with valid acceptances received for 170,917 shares, or about 0.04% of IDT’s issued share capital, resulting in total cash consideration of approximately HK$101,541.79 at an offer price of HK$0.5941 per share. Settlement to accepting shareholders will be completed by 30 January 2026, and the joint offerors, together with concert parties, now hold around 72.10% of IDT’s issued shares, consolidating their controlling stake and leaving a relatively limited free float in the market.

The most recent analyst rating on (HK:0167) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on IDT International Limited stock, see the HK:0167 Stock Forecast page.

More about IDT International Limited

Average Trading Volume: 711,124

Current Market Cap: HK$1.43B

Find detailed analytics on 0167 stock on TipRanks’ Stock Analysis page.

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