MicroPort CardioFlow Announces Acquisition of Remaining 49% Stake in MP CardioAdvent

Reuters
05-30
MicroPort CardioFlow Announces Acquisition of Remaining 49% Stake in MP CardioAdvent

MicroPort CardioFlow Medtech Corporation announced a discloseable and connected transaction to acquire the remaining 49% equity interest in MP CardioAdvent. This acquisition, detailed in an agreement dated May 30, 2025, involves purchasing approximately 35.27% from MicroPort Sinica and 13.73% from Shanghai Zuoqing. Upon completion, MP CardioFlow will fully own MP CardioAdvent, enhancing its focus on innovative solutions for structural heart diseases. The transaction, subject to regulatory approvals, is significant under the listing rules due to its size.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microport Cardioflow Medtech Corporation published the original content used to generate this news brief on May 30, 2025, and is solely responsible for the information contained therein.

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