Brief: JD.com Announces Proposed Acquisition Of Deppon Logistics By JD Logistics

JD Logistics

13/03/2022 12:18

March 13 (Reuters) - JD Logistics  2618.HK :
    * JD.COM ANNOUNCES THE PROPOSED ACQUISITION OF DEPPON
LOGISTICS
CO., LTD BY JD LOGISTICS
    * CO WILL ACQUIRE APPROXIMATELY 99.99% OF EQUITY INTEREST IN
NINGBO MEISHAN BAOSHUI AREA DEPPON INVESTMENT HOLDING COMPANY
LIMITED
    * DEPPON HOLDCO HOLDS A TOTAL OF APPROXIMATELY 66.50% OF
ISSUED
SHARE CAPITAL OF DEPPON LOGISTICS
    * PROPOSED ACQUISITION FOR A TOTAL CONSIDERATION OF
APPROXIMATELY
RMB9.0 BILLION
    * CO TO MAKE GENERAL OFFER FOR ALL ISSUED, UNRESTRICTED AND
TRADABLE SHARES OF DEPPON (EXCLUDING ISSUED AND UNRESTRICTED
SHARES OF DEPPON HELD BY DEPPON HOLDCO) AT RMB13.15/SHARE

Source text for Eikon:  ID:nGNX6JqB0g 
Further company coverage:  2618.HK 

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