Neusoft Education Technology Co. Limited (HK:9616) has released an update.
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Neusoft Education Technology Co. Limited has completed the acquisition of Neusoft Healthcare Management Co., Ltd., making it an indirect wholly-owned subsidiary and integrating its financial results into the Group’s statements. The deal also involves Neusoft Ruixin acquiring 100% equity in the target and a 70% stake in each of the OPCOs, with new agreements formed for the remaining 30% interest. Following the completion, certain previously connected transactions with two hospitals will no longer be classified as such.
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