Solar energy, Huadian Fuxin Energy. Photo: Huadian Fuxin Energy Solar energy, Huadian Fuxin Energy. Photo: Huadian Fuxin Energy
Solar energy, Huadian Fuxin Energy. Photo: Huadian Fuxin Energy

Huadian joins stampede on Hong Kong market to take units private as market slump uncovers dozens of undervalued stocks

  • Huadian will offer HK$8.3 billion (US$1.06 billion) to buy 2.57 billion shares of the Hong Kong-listed shares of Huadian Fuxin Energy Corporation Limited from minority shareholders, along with 750 million unlisted stock in China
  • The offer is a 65.6 per cent premium to Fuxin’s last traded price

Topic |   Mergers & Acquisitions
Solar energy, Huadian Fuxin Energy. Photo: Huadian Fuxin Energy Solar energy, Huadian Fuxin Energy. Photo: Huadian Fuxin Energy
Solar energy, Huadian Fuxin Energy. Photo: Huadian Fuxin Energy
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