Current location - Trademark Inquiry Complete Network - Tian Tian Fund - ''Carlsberg Hong Kong acquired 12.25% of the shares held by Chongqing Beer Group at a price of 40.22 yuan per share'' What does this sentence mean?
''Carlsberg Hong Kong acquired 12.25% of the shares held by Chongqing Beer Group at a price of 40.22 yuan per share'' What does this sentence mean?

Meaning: Carlsberg Hong Kong spent 2.385 billion yuan to acquire 12.25% of Chongqing Beer's shares held by Chongqing Beer Group at a price of 40.22 yuan per share, and then held a total of 29.71% of Chongqing Beer's shares and became the controlling shareholder.

Previously, Chongqing Beer announced that it had received approval from the State-owned Assets Supervision and Administration Commission of the State Council, agreeing in principle that Chongqing Beer Group would accept the acquisition offer and transfer 96,794,240 shares of Chongqing Beer (accounting for 20% of the total share capital) to Carlsberg Brewery Hong Kong Co., Ltd. at 20 yuan per share.

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After successfully passing the State-owned Assets Supervision and Administration Commission and the Ministry of Commerce, according to relevant procedures, Carlsberg Hong Kong still needs to submit the application materials for this tender offer to the China Securities Regulatory Commission for review. It can only make an official announcement after the China Securities Regulatory Commission issues a no-objection letter.

Tender offer report.

It is understood that Chongqing Beer is currently suspended from trading due to the imminent unblinding of the hepatitis B vaccine. It closed at 16.92 yuan before the suspension.

The company's shares will resume trading on September 27.

In March this year, Carlsberg officially made a tender offer to acquire 30.29% of Chongqing Beer's equity. In 2008 and 2010, Carlsberg had acquired Chongqing Beer through two acquisition curves and became the largest shareholder.

After the acquisition is completed, Carlsberg's shareholding ratio will increase to 60%.

In the election of non-independent directors of the new board of directors on April 12, Carlsberg also won 4 out of 7 seats. Wang Keqin, chairman of Carlsberg Greater China, has been elected as chairman of Chongqing Beer.

Today's Chongqing beer has entered the "Carlsberg Era".

Extended information It is reported that Carlsberg Hong Kong has deposited U.S. dollars equivalent to RMB 586,352,544 (i.e., 20% of the maximum amount required for the tender offer) into the designated account of the Shanghai Branch of Zhongdeng Company as a performance guarantee for this partial tender offer.

The effective condition for this partial tender offer is that at 15:00 on the last trading day of the offer period, the number of Chongqing Beer shares declared in advance to be tendered is no less than 96,794,240 shares (accounting for 20% of the total issued shares of Chongqing Beer).

Not surprisingly, this tender offer should go smoothly.

On March 4, Carlsberg Hong Kong signed a share transfer lock-up agreement with Chongqing Beer Group, stipulating that Chongqing Beer Group will accept the Carlsberg Hong Kong offer for all Chongqing Beer shares it holds during the tender offer period, and after the completion of the tender offer period

Transfer all or as much of the Chongqing Beer shares to Carlsberg Hong Kong.

Information shows that Chongqing Beer Group holds 96.7942 million shares of Chongqing Beer, accounting for approximately 20% of Chongqing Beer’s total share capital.

This tender offer is still subject to review by Chongqing Beer’s board of directors, shareholders’ meeting, China Securities Regulatory Commission, and the Ministry of Commerce.

Currently, the Carlsberg Foundation holds a combined 29.71% stake in Chongqing Beer through its wholly-owned subsidiaries Carlsberg Chongqing and Carlsberg Hong Kong.