Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

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<p><a href="https://www.smartkarma.com/entities/787" target="_blank" data-smartkarma-citation="entities:787:1">Alibaba Group Holding Ltd (BABA US)</a> and <a href="https://www.smartkarma.com/entities/1249" target="_blank" data-smartkarma-citation="entities:1249:1">Intime Retail Group Co Ltd (1833 HK)</a> made a <a href="http://www.hkexnews.hk/listedco/listconews/SEHK/2017/0110/LTN20170110015.pdf" target="_blank">joint announcement</a> earlier this morning:</p><blockquote><p>Joint Offerors (Alibaba Investment and Shen Offeror) requested the Board of Intime to put forward the Proposal to the <strong>Scheme Shareholders regarding the proposed privatisation</strong> of the Company by way of a scheme of arrangement.</p></blockquote><div><h2>Offer Details</h2></div><ul>
<li>Deal Structure: Scheme of arrangement</li>
<li>Deal Value: USD 1.9bn</li>
<li>Offer - HKD 10.00 in cash (FINAL)</li>
<li>Avg 3M Daily Value Traded: USD 4.04m</li>
<li>Target…</li>
</ul>

Alibaba Group Holding Ltd (BABA US) and Intime Retail Group Co Ltd (1833 HK) made a joint announcement earlier this morning:Joint Offerors (Alibaba Investment and Shen Offeror) requested the Board of Intime to put forward the Proposal to the Scheme Shareholders regarding the proposed privatisation of the Company by way of a scheme of arrangement.Offer Details
Deal Structure: Scheme of arrangement
Deal Value: USD 1.9bn
Offer - HKD 10.00 in cash (FINAL)
Avg 3M Daily Value Traded: USD 4.04m
Target…


Intime Retail: Alibaba to Privatize Intime at HKD 10