Brief: Banyan Tree Enters Definitive Agreements For Transaction With Affiliates Of China Vanke

Banyan Tree Holdings

27/12/2023 14:09

Dec 27 (Reuters) - Banyan Tree Holdings Ltd  BANY.SI :
    * ENTRY INTO DEFINITIVE AGREEMENTS RELATING TO TRANSACTION
WITH
AFFILIATES OF CHINA VANKE
    * SALE AND PURCHASE AGREEMENT TO SALE BY BTC OF ALL OF ITS
ORDINARY SHARES IN BANYAN TREE ASSETS (CHINA)
    * ACQUISITION BY BANYAN TREE MARKETING (SHANGHAI) OF STAKE
HELD BY
TIANJIN WAN RONG ENTERPRISE MANAGEMENT IN BANYAN TREE HOTELS
(TIANJIN)
    * SALE BY BANYAN TREE HOTELS MANAGEMENT (BEIJING)  OF ALL OF
EQUITY INTEREST WHICH IT HOLDS IN CHENGDU LAGUNA PROPERTY
SERVICES CO.
    * ACQUISITION BY BTB OF ALL OF ORDINARY SHARES WHICH BANYAN
TREE
ASSETS (CHINA)  AND CHINA VOYAGE HOLD IN BANYAN TREE SERVICES
(CHINA)
    * ACQUISITION BY BANYAN TREE SERVICES OF ALL SHARES WHICH
BANYAN
TREE ASSETS (CHINA), CHINA VOYAGE HOLD IN BANYAN TREE HOTEL
(CHINA)

Source text for Eikon:  ID:nSN6FSC2J 
Further company coverage:  BANY.SI 

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