Hong Kong investment firm Han Tang International Holdings has conditionally agreed to a $44.4m (HKD344.8m) acquisition of the Target Group, based in Xuzhou, Jiangsu Province. The consideration will be settled by a stock issue at HKD0.12 per share and, upon completion, the issue of convertible bonds.
Hong Kong investment firm Han Tang International Holdings has conditionally agreed to a HKD344.8m ($44.4m) acquisition of the Target Group, based in Xuzhou, Jiangsu Province. The consideration will be settled by a stock issue at HKD0.12 per share and, upon completion, the issue of convertible bonds.