KE Holdings Inc - ADR

NYSE:BEKE   10:55:21 AM EDT
-2.79 (-10.41%)
Mergers / Acquisitions

KE Holdings Inc Announces Acquisition Of Shengdu To Accelerate Expansion Of Home Renovation Business

Published: 07/06/2021 01:06 GMT
KE Holdings Inc - ADR (BEKE) - .
Announces Acquisition of Shengdu to Accelerate Expansion of Home Renovation Business.
Agreed to Acquire 100% Equity Interests in Shengdu From Its Existing Shareholders, for Total Consideration Capped at Rmb 8 Billion.
Transaction is Currently Expected to Close in First Half of 2022.