Hidden Arbitrage Opportunities behind Privatisation of CIMC-TianDa (0445.HK) May Significantly Increase Probability of Approval
HONG KONG, Dec 3, 2020 – (ACN Newswire) – On 30 November, CIMC-TianDa issued a joint announcement regarding, among other matters, the dispatch of privatisation scheme circular. According to the announcement, Sharp Vision, a wholly-owned subsidiary of CIMC, and Expedition Holding, as the joint offerors, made a privatisation proposal to CIMC-TianDa. The privatisation price is... » read more