Haier Smart Home and Haier Electric Group jointly announced the proposed privatization of Haier Electric Group by way of an issuance of new H Shares to be listed on the Hong Kong Stock Exchange
- Written by ACN Newswire
HONG KONG, Jul 31, 2020 - (ACN Newswire) - Haier Smart Home Co., Ltd. (600690.SH / 690D.DE, "HSH" or "the Company") and Haier Electric Group Co., Ltd. (1169.HK, "HEG") jointly announced that HSH has formally requested HEG to put forward a proposal ("Privatisation Proposal") to the holders of HEG Shares (other than HSH and any of its wholly-owned...