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IVD Medical Holding Limited ( (HK:1931) ) has shared an update.
IVD Medical Holding Limited has announced that it is in discussions to potentially acquire control over B-Soft Co., Ltd., a company listed on the ChiNext Board of the Shenzhen Stock Exchange. The transaction, if completed, could significantly impact IVD Medical’s market positioning by expanding its influence in the Chinese market. However, the transaction is still under negotiation, and there are various conditions and approvals required before it can proceed. Shareholders are advised to exercise caution as the deal may not materialize.
The most recent analyst rating on (HK:1931) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on IVD Medical Holding Limited stock, see the HK:1931 Stock Forecast page.
More about IVD Medical Holding Limited
IVD Medical Holding Limited is a company incorporated in the Cayman Islands, operating within the medical industry. It is involved in the development and distribution of in vitro diagnostic products and services, with a focus on expanding its market presence in the People’s Republic of China.
Average Trading Volume: 2,687,803
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.98B
For detailed information about 1931 stock, go to TipRanks’ Stock Analysis page.