Hidden Arbitrage Opportunities behind Privatisation of CIMC-TianDa (0445.HK) May Significantly Increase Probability of Approval

Written by ACN Newswire - Press Releases

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.

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