Orient Securities Plans to Acquire 100% of Shanghai Securities for 25.12 Billion Yuan

Corporate Action Impact 4
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Summary · why it matters

Orient Securities has released a major acquisition plan, proposing to acquire all equity interests in Shanghai Securities held by counterparties including Bailian Group and Guotai Hainan through a combination of issuing A-shares and cash payment. The total transaction consideration is 25.12 billion yuan, of which the share consideration is 23.55 billion yuan and the cash consideration is 1.57 billion yuan. The share issuance price is 10.29 yuan per share, with a total of approximately 2.289 billion shares to be issued.

Impact on stocks 3

Others · 3 stocks
Orient Sec Co Ltd
600958
▲ PositiveCapitalrelevance

Orient Securities is acquiring 100% of Shanghai Securities for 25.12 billion yuan, expanding its business.

Off-coverage companies 1

上海证券Private▲ Positive
Capitalrelevance

Shanghai Securities is being acquired by Orient Securities at a valuation of 25.12 billion yuan.