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Jingfeng Announces Cash Offer for Greatview Aseptic Shares
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Jingfeng Announces Cash Offer for Greatview Aseptic Shares

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Greatview Aseptic Packaging Company ( (HK:0468) ) has issued an update.

Jingfeng Holding Limited has announced a voluntary conditional cash offer to acquire all issued shares of Greatview Aseptic Packaging Company Limited, excluding those already held or agreed to be acquired by Jingfeng and its affiliates. The offer, priced at HK$2.65 per share, has received all necessary regulatory approvals except for the 50% acceptance condition, which is anticipated to be fulfilled by January 21, 2025, making it an attractive option compared to a separate non-binding management offer that lacks firm commitments or financial backing.

More about Greatview Aseptic Packaging Company

Greatview Aseptic Packaging Company Limited operates in the packaging industry, specializing in the production of aseptic packaging materials. The company focuses on providing packaging solutions primarily for liquid food products, catering to the needs of food and beverage manufacturers globally.

YTD Price Performance: -8.29%

Average Trading Volume: 79,510

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $468.4M

For an in-depth examination of 0468 stock, go to TipRanks’ Stock Analysis page.

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