Genetron Holdings Announced Today That It Entered Into A $126M Definitive Agreement And Plan Of Merger With New Genetron Holding Limited And Genetron New Co; Genetron New Co To Merge With The Company And Becoming A Wholly-Owned Subsidiary
Portfolio Pulse from Benzinga Newsdesk
Genetron Holdings has entered into a $126M definitive agreement and plan of merger with New Genetron Holding Limited and Genetron New Co. Genetron New Co will merge with the company and become a wholly-owned subsidiary.
October 11, 2023 | 8:39 pm
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Genetron Holdings is merging with New Genetron Holding Limited and Genetron New Co in a $126M deal. Genetron New Co will become a wholly-owned subsidiary.
The merger is a significant event for Genetron Holdings. It could potentially increase the company's market share and improve its financial stability. This could lead to a positive impact on the company's stock price in the short term.
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