tiprankstipranks
Eagle Nice Completes Major Acquisition Deal
Company Announcements

Eagle Nice Completes Major Acquisition Deal

Eagle Nice (International) Holdings Ltd. (HK:2368) has released an update.

Eagle Nice (International) Holdings Ltd has successfully completed the acquisition of Wisdom Innovation Holdings Limited by issuing 40,380,000 new shares at HK$4.65 each, totaling approximately US$24,041,896. This transaction has resulted in the acquired company becoming a wholly-owned subsidiary, with the deal expected to influence the company’s shareholding structure and financial consolidation.

For further insights into HK:2368 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!