Horizon Construction Development Ltd. Completes Acquisition of 80% Stake in Target Group Companies

Reuters

Jun 01

Horizon Construction Development Ltd. Completes Acquisition of 80% Stake in Target Group Companies

Horizon Construction Development Ltd. has completed the acquisition of 80% equity interests in the Target Group Companies. The announcement, made by the company on 30 May 2025, confirmed that all conditions precedent to the Share Purchase Agreement have been fulfilled or waived, making the agreement unconditional. This marks the successful completion of the acquisition process, initially announced on 8 May 2025. The transaction involves a supplemental letter that outlines the indicative total and other relevant terms of the acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Construction Development Ltd. published the original content used to generate this news brief on June 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Completes Acquisition of 80% Stake in Target Group Companies","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Horizon Construction Development Ltd. Completes Acquisition of 80% Stake in Target Group Companies\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Horizon Construction Development Ltd. has completed the acquisition of 80% equity interests in the Target Group Companies. The announcement, made by the company on 30 May 2025, confirmed that all conditions precedent to the Share Purchase Agreement have been fulfilled or waived, making the agreement unconditional. This marks the successful completion of the acquisition process, initially announced on 8 May 2025. 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Completes Acquisition of 80% Stake in Target Group Companies\n    \n\n        Horizon Construction Development Ltd. has completed the acquisition of 80% equity interests in the Target Group Companies. The announcement, made by the company on 30 May 2025, confirmed that all conditions precedent to the Share Purchase Agreement have been fulfilled or waived, making the agreement unconditional. This marks the successful completion of the acquisition process, initially announced on 8 May 2025. The transaction involves a supplemental letter that outlines the indicative total and other relevant terms of the acquisition.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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