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Neusoft Abandons Acquisition of 43% Stake in Sirui Technology Due to Lack of Consensus in Negotiations
1 week ago /
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Author：小编
Neusoft had initially envisioned acquiring a 43% stake in Shanghai Sirui Information Technology Co., Ltd., held by Dalian Neusoft Holding Co., Ltd., through a share issuance. However, due to an inability to reach a consensus on the transaction terms among the parties involved, coupled with significant shifts in the market environment and the target company's circumstances, the extended planning for this transaction did not materialize as anticipated. Consequently, on June 30, Neusoft opted to terminate the deal, meticulously deliberated and approved the relevant resolution, and entrusted the company's management with overseeing the termination process.
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