Dongwu Securities: Plans to issue shares and pay cash to acquire 83.68% of Donghai Securities' equity, with a total transaction price of 11.519 billion yuan
Dongwu Securities is planning a significant acquisition, intending to purchase 83.68% of Donghai Securities for approximately 11.52 billion yuan. The deal will involve a combination of stock issuance and cash payment, with the stock portion valued at 10.79 billion yuan and the cash portion at 732 million yuan. This transaction, which has passed the company's board of directors, is subject to shareholder approval, stock exchange review, and regulatory registration. AI