Brief: Huize Acquires Vietnam Insurtech Platform Global Care

Huize Holding

20/06/2024 11:55

June 20 (Reuters) - Huize Holding Ltd  HUIZ.O :
    * HUIZE ACQUIRES LEADING VIETNAM INSURTECH PLATFORM GLOBAL
CARE
    * HUIZE HOLDING LTD - THROUGH ITS NEWLY ESTABLISHED
INTERNATIONAL
ARM PONI INSURTECH WILL ACQUIRE A CONTROLLING STAKE IN GLOBAL
CARE
    * HUIZE- VINACAPITAL VENTURES TO GET AS PARTIAL
CONSIDERATION
NEWLY ISSUED CLASS A COMMON SHARES OF HUIZE OF ABOUT 1.7% OF
ISSUED SHARE CAPITAL
    * HUIZE HOLDING LTD - UPON COMPLETION, GLOBAL CARE WILL
BECOME
HUIZE'S SUBSIDIARY

Source text for Eikon:  ID:nGNXchc0f 
Further company coverage:  HUIZ.O 

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