Shandong Fengxiang Co. Ltd. Announces Satisfaction of Pre-Conditions for Proposed Merger and Privatization

Reuters

03 Jul

Shandong <a href="https://laohu8.com/S/09977">Fengxiang Co</a>. Ltd. Announces Satisfaction of Pre-Conditions for Proposed Merger and Privatization

Shandong Fengxiang Co., Ltd. has announced the proposed pre-conditional privatization of the company by Jingyu Enterprise Development (Shandong) Co., Ltd. through a merger by absorption. The announcement also includes plans for the withdrawal of the company's listing and a special deal related to a rollover arrangement. The company has confirmed that all pre-conditions for the transaction have been satisfied. The announcement was made by Shi Lei, the Executive Director and Company Secretary of Shandong Fengxiang Co., Ltd.

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. Shandong Fengxiang Co. Ltd. published the original content used to generate this news brief on July 03, 2025, and is solely responsible for the information contained therein.

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Announces Satisfaction of Pre-Conditions for Proposed Merger and Privatization","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Shandong <a href=\"https://laohu8.com/S/09977\">Fengxiang Co</a>. Ltd. Announces Satisfaction of Pre-Conditions for Proposed Merger and Privatization\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Shandong Fengxiang Co., Ltd. has announced the proposed pre-conditional privatization of the company by Jingyu Enterprise Development (Shandong) Co., Ltd. through a merger by absorption. The announcement also includes plans for the withdrawal of the company's listing and a special deal related to a rollover arrangement. The company has confirmed that all pre-conditions for the transaction have been satisfied. 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