Westwell Holdings’ cash partial offer for Xiangxing closes with 378.28 million shares tendered

Reuters

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Westwell Holdings’ cash partial offer for Xiangxing closes with 378.28 million shares tendered

Xiangxing International Holding Ltd. said a voluntary cash partial offer by Westwell Holdings (Hong Kong) Ltd. to buy 371.2 million shares closed on Feb. 20, with valid acceptances totaling 378.28 million shares, implying about 98.13% of tendered shares will be taken up on a pro-rata basis. After settlement, Westwell will hold 371.2 million shares, or 29% of Xiangxing’s issued share capital, and the company’s public float will be about 40.70%.

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. Xiangxing International Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260220-12027024), on February 20, 2026, and is solely responsible for the information contained therein.

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ID: HKEX-EPS-20260220-12027024), on February 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1103","symbol_name":"海运","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260220:nNDL22bSKf:1","article_id":"2612339266","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612339266","pubTimestamp":1771584547,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Xiangxing International Holding Ltd. said a voluntary cash partial offer by Westwell Holdings  Ltd. to buy 371.2 million shares closed on Feb. 20, with valid acceptances totaling 378.28 million shares, implying about 98.13% of tendered shares will be taken up on a pro-rata basis. After settlement, Westwell will hold 371.2 million shares, or 29% of Xiangxing’s issued share capital, and the company’s public float will be about 40.70%.Disclaimer: This news brief was created by Public Technologies  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. 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