tiprankstipranks
Lufax Holding Ltd Faces Acquisition Bid from Major Investors
Company Announcements

Lufax Holding Ltd Faces Acquisition Bid from Major Investors

Lufax Holding Ltd Class A (HK:6623) has released an update.

Don't Miss our Black Friday Offers:

Lufax Holding Ltd has announced an overseas regulatory development involving a cash tender offer by An Ke Technology Company Limited and China Ping An Insurance Overseas Holdings Limited to acquire all outstanding shares and ADSs, excluding those owned by the Offerors and their affiliates. This move is part of a strategic acquisition effort, reflecting active interest in Lufax’s equity from major financial entities.

For further insights into HK:6623 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App