Pintec Technology (PT) has entered into a transaction with Vantage Capital on November 7 to transfer the company’s entire equity interest in Romantic Park to Vantage Capital. As part of the transaction, certain debts and aged claims–previously provided for–will also be assigned to Romantic Park. The company’s Audit Committee and the Board of Directors have reviewed and approved the transaction in due course. The closing of the transaction is subject to the satisfaction of customary closing conditions and is expected to take place no later than November 30.
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