Grand Game privatisation change: the perfect world to withdraw or in a a-share backdoor

Source: Internet
Author: User
Keywords Grand games privatisation perfect world grand games Grand games privatisation privatisation perfect world grand games Perfect world privatisation perfect world grand games privatisation grand games Perfect World grand games privatisation perfect world privatisation perfect world grand games privatisation Grand games Grand games Grand games Grand games the perfect World grand games privatization privatization privatization the perfect world the perfect World privatization privatization the perfect world the perfect World the perfect world the Grand games the Grand games the Grand Games privatization privatization privatization the perfect world Perfect World perfect world grand games Grand games privatisation perfect world privatisation perfect world grand games privatisation grand games Perfect world privatisation perfect world grand games privatisation perfect world grand games Grand games privatisation privatization grand games Perfect World Perfect World privatisation grand games Perfect World grand games privatisation perfect world privatisation perfect world grand games Grand games privatisation perfect world privatisation perfect world grand games privatisation perfect world
On the morning of September 3, the perfect World officially signed an agreement to sell all of its previously acquired shares in the grand game and withdrew from the takeover alliance it had previously joined. According to the announcement of the Grand game, the Oriental Financial holding Company (Orient Finance Holdings), Haitong Securities (Haitong Nomura) subsidiary Shanghai Acquisition Fund (Full-circle buyout Fund), the Chinese Silver Velvet industry (Ningxia Zhongyincashmere Analysys Group) joined the buy-out consortium. The source said the deal was related to the backdoor listing of the Grand game home. The personage said, the A-share listed company has already signed the purchase contract with the grand, and pays 500 million yuan deposit. China and the Silver velvet industry has issued a "major suspension notice" on August 25, said the company is planning a major issue, the company's shares since the opening of the morning of August 25, 2014 suspension. September 1, the company issued a further notice that, in view of the company and the parties are still discussing the important matter, in order to avoid abnormal fluctuations in the company's stock prices, and effectively protect the interests of the vast number of investors, according to the Shenzhen Stock Exchange "stock listing Rules", the company continued to apply for stock suspension Company shares since the opening of the morning of September 1, 2014 to continue to suspend business, to the company through the designated media disclosure of the relevant notice after the card, please investors pay close attention. Shanda Games A number of such sources said that the acquisition contract was signed yesterday. According to the grand announcement, Oriental Finance will purchase 123,552,669 shares of Class A common stock from the Grand Interactive (Shanda Interactive) wholly-owned subsidiary SDG Investment Co., which accounts for 23% of the total shares. Haitong will be from the Grand SDG and the perfect world to acquire 107,438,129 shares of a common stock, accounting for 20% of the total shares, the Chinese silver velvet industry from the Grand SDG acquisition of 80,577,828 shares of a common stock, accounting for the total number of 15%. According to insiders revealed that the grand game from February this year began to audit and seek buyers. And the perfect announcement also confirms, before the grand game will be more than, concrete planning, the trader is indeed a fund. Another source said, involved in the grand game A-share of the listing and a listed company in Shenzhen, as the stock has not yet been suspended, can not disclose the specific one. In addition, the news said, Shanda Games has split the business, may sell a part of the business. Some of these businesses, indeed, have been sold to Tencent, but not as high as the previous rumors, the possible sale of the business valuation only accounted for a very small proportion of grand games. According to the announcement of the Grand game, Primavera, the perfect World, FV investment Holdings and cap IV indicators 2¥q have withdrawn from the privatisation consortium. Perfect because of the growth of the exit according to the perfect World announcement, perfectThe world will sell shares at a premium to a third party agency, the Shanghai Acquisition Equity Investment Fund Partnership, for $104,624,717, which will be paid in cash. The acquisition is expected to be completed within 30 days. It also pulled out of the privatisation consortium that joined in April. Industry insiders pointed out that the perfect move is because, not optimistic about the recent series of Grand Game spin-off action, at the same time, some of the action will also affect its future growth in the domestic capital market, in the long-term sense, perfect has been in the grand body can not get any benefits. After the fast cycling and scale of the online games enterprises, the P/E and share prices have been falling. The cost of privatization may be more cost-effective than borrowing from banks. Driven by this interest, Giants and Shanda games have successively announced privatisation and want to list in the two-tier market in the country or Hong Kong. Before, perfect had hoped to borrow grand game this stone, ask Chinese capital market this way. That is, the elimination of an opponent, but also an ally, can be said to kill the birds. If giants, Shanda games in China or Hong Kong after the listing, the market response is good, p/e rate growth. Perfection can be negotiated with Shanda to initiate privatisation and return to the domestic market separately, while selling back 5.6% of its shares at high prices. But for now, Shanda has introduced more players and stripped its operations, perfect throughout the privatisation process, with a qualitative shift from a few months ago.
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