Lufax Holding Ltd Class A (HK:6623) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lufax Holding Ltd has announced the closure of its cash offer process, with the Joint Offerors now holding approximately 56.82% of the company’s shares. Despite the offer, there was minimal acceptance from shareholders, with only 0.01% of Lufax’s total issued shares tendered under the US Offer. The acquisition marks a significant shift in Lufax’s shareholder structure, enhancing the Joint Offerors’ controlling stake.
For further insights into HK:6623 stock, check out TipRanks’ Stock Analysis page.