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TodayIR: CAR Inc completed delisting after MBK Partners' acquisition

TodayIR: CAR Inc completed delisting after MBK Partners acquisition
DJ EQS-News: CAR Inc completed delisting after MBK Partners acquisition EQS-News / 07/07/2021 / 10:02 UTC+8
July 5, Beijing, Indigo Glamour Co Ltd, a subsidiary of MBK Partners and CAR Inc, a Hong Kong Stock Exchange listed company, jointly announced a completion of the mandatory acquisition. All remaining offer shares of CAR Inc have been transferred to the offeror, indicating that CAR Inc, the Chinese auto rental service provider has completed the privatization and become a wholly-owned subsidiary of MBK Partners. It will be delisted from the Hong Kong Stock Exchange at 9 am on July 8, 2021.
MBK Partners, a leading private equity firm in North Asia, planned to acquire all the 443 million shares of CAR Inc held by UCAR Inc, another Chinese car-rental company, at a price of HKUSD4.00 (USD0.52) per share for a total price of approximately HKUSD1.771 billion on November 10, 2020, becoming the se ....

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CAR Inc completed delisting after MBK Partners' acquisition

CAR Inc completed delisting after MBK Partners acquisition
EQS-News / 07/07/2021 / 10:02 UTC+8

July 5, Beijing, Indigo Glamour Co Ltd, a subsidiary of MBK Partners and CAR Inc, a Hong Kong Stock Exchange listed company, jointly announced a completion of the mandatory acquisition. All remaining offer shares of CAR Inc have been transferred to the offeror, indicating that CAR Inc, the Chinese auto rental service provider has completed the privatization and become a wholly-owned subsidiary of MBK Partners. It will be delisted from the Hong Kong Stock Exchange at 9 am on July 8, 2021.

MBK Partners, a leading private equity firm in North Asia, planned to acquire all the 443 million shares of CAR Inc held by UCAR Inc, another Chinese car-rental company, at a price of HK$4.00 ($0.52) per share for a total price of approximately HK$1.771 billion on November 10, 2020, becoming the second largest shareholder after Legend Holdings Corp. Two days later, ....

United States , Hong Kong , South Korea , Republic Of Korea , Warburg Pincus , Companies Law Of The Cayman Islands On , Legend Holdings Corp , Hong Kong Stock Exchange , Mcqueen Ss Ltd , Indigo Glamour Co Ltd , North Asia , Legend Holdings , Companies Law , Cayman Islands , Chinese Lunar New Year , Spring Festival , Kuroda Electric , Daesung Industrial Gas , Modern House , Lotte Card , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , தெற்கு கொரியா , குடியரசு ஆஃப் கொரியா , வார்பர்க் பிங்கஸ் , புராண ஹோல்டிங்ஸ் கார்ப் ,