ESR Group Limited (HK:1821) has released an update.
ESR Group Limited received an updated non-binding buyout proposal led by Starwood, Sixth Street, and SSW Partners, with Qatar Holding LLC and others showing support. Shareholders may opt for cash or shares in the private entity post-acquisition, but the proposal is still contingent on due diligence, specifically the company’s interim financials. No definitive decision or agreement has been made regarding the proposal, and its future remains uncertain as further due diligence is required.
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