Vinda (3331 HK): Offer Now Open
PRC regulatory approvals were satisfied on the 4th March for the Tanoto family's HK$23.50 pre-conditional Offer for Vinda International (3331 HK).
The Circular has been dispatched, and the Offer is now open for acceptances.
With a 50% minimum acceptance condition and irrevocables of 72.624% (plus Tanoto's 7.69% direct stake), this should turn unconditional on or before the 19th March.
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