Huize Holding Ltd - ADR

NASDAQ:HUIZ  
2.25
-0.05 (-2.17%)
Mergers / Acquisitions

Huize To Acquire Regional Insurance Agency Shengs Life & General

Published: 09/24/2021 10:20 GMT
Huize Holding Ltd - ADR (HUIZ) - Huize Announces Definitive Agreement to Acquire Leading Regional Insurance Agency Shengs Life & General.
Huize Holding Ltd - Zhixuan Investment Will Acquire 56.19% Equity Interest in Shengs Group for Share Price of About Rmb42.68 Million in Cash.
Huize Holding Ltd - Shengs Life & General Will Be Accounted for As a Consolidated Subsidiary of Company.
Huize Holding Ltd - Shengs Life & General Will Undergo Series of Restructuring So As to Become a Wholly-owned Subsidiary of a Group Company.