Brief: Genetron Health Gets Preliminary Non-Binding Proposal To Acquire The Company

Genetron Holdings

22/08/2022 11:52

Aug 22 (Reuters) - Genetron Holdings Ltd  GTH.O :
    * GENETRON HEALTH ANNOUNCES RECEIPT OF A PRELIMINARY
NON-BINDING
PROPOSAL TO ACQUIRE THE COMPANY
    * GENETRON HOLDINGS LTD - PROPOSED DEAL FOR OUTSTANDING
ORDINARY
SHARES, PAR VALUE $0.00002 PER SHARE
    * GENETRON HOLDINGS LTD - BOARD HAS RECEIVED A PRELIMINARY
NON-BINDING PROPOSAL LETTER DATED AUGUST 21, 2022 FROM MR.
SIZHEN WANG
    * GENETRON HOLDINGS LTD - PRELIMINARY NON-BINDING PROPOSAL
LETTER
DATED AUGUST 21, 2022 FROM SIZHEN WANG
    * GENETRON HOLDINGS LTD - PROPOSING BUYER INTENDS TO FUND
CONSIDERATION PAYABLE IN PROPOSED TRANSACTION WITH A COMBINATION
OF DEBT AND EQUITY CAPITAL
    * GENETRON - FORMED A SPECIAL COMMITTEE OF TWO INDEPENDENT
DIRECTORS TO EVALUATE, CONSIDER PROPOSED TRANSACTION & OTHER
POTENTIAL STRATEGIC ALTERNATIVES
    * GENETRON HOLDINGS LTD - PROPOSED OFFER FOR  US$0.272 PER
ORDINARY SHARE OR US$1.36 PER ADS IN CASH

Source text for Eikon:  ID:nGNX7plQ5v 
Further company coverage:  GTH.O 

 ((Reuters.Briefs@thomsonreuters.com;))