tiprankstipranks
ESR Group Limited Signals Potential Privatisation Moves
Company Announcements

ESR Group Limited Signals Potential Privatisation Moves

ESR Group Limited (HK:1821) has released an update.

ESR Group Limited disclosed dealings in derivatives as part of a potential privatisation, with numerous unsolicited client facilitation sales executed by Morgan Stanley & Co., International plc. The transactions, dated 20 May 2024, involve various products with maturity dates extending up to 2028, at prices around $12. The total amount from these sales equates to a significant sum, indicating a notable shift in the company’s share dealings.

For further insights into HK:1821 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!