Shaanxi J&R Fire Fighting Co., Ltd. (SZSE:300116) entered into a share purchase agreement to acquire 5.5% stake in CNinsure Inc. (NasdaqGS:CISG) from Kingsford Resources Limited for $37.4 million in cash on July 1, 2015. Under the terms, Kingsford Resources will acquire 3.16 million American Depositary Shares for $11.8 per American Depositary Share. Upon closing, Shaanxi J&R Fire Fighting Co., Ltd. will hold 5.5% stake in CNinsure Inc. The deal is subject to satisfaction of certain closing conditions and expected to close within 60 days.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
3.25 USD | +4.84% | -0.31% | -51.13% |
03-21 | Transcript : Fanhua Inc., Q4 2023 Earnings Call, Mar 20, 2024 | |
03-20 | Tranche Update on Fanhua Inc.'s Equity Buyback Plan announced on December 19, 2022. | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-51.13% | 176M | |
-4.04% | 61.04B | |
+10.43% | 55.08B | |
+3.91% | 25.89B | |
+23.16% | 25.49B | |
+16.05% | 9.05B | |
+26.08% | 6.54B | |
-4.47% | 4.11B | |
0.00% | 3.31B | |
+42.92% | 2.23B |
- Stock Market
- Equities
- FANH Stock
- News Fanhua Inc.
- Shaanxi J&R Fire Fighting Co., Ltd. entered into a share purchase agreement to acquire 5.5% stake in CNinsure Inc. from Kingsford Resources Limited for $37.4 million.