China Travel International Updates Acquisition of Target Companies

Reuters
Oct 22
China Travel International Updates Acquisition of Target Companies

China Travel International Investment Hong Kong Limited has provided a further update regarding its acquisition of equity interests in certain target companies. The company referenced a valuation report prepared by Beijing China Enterprise Appraisals Co., Ltd., which assessed the entire shareholders' equity of Target Company A as of 31 March 2025 using the income approach. The completion of the acquisitions remains subject to the fulfillment or waiver of conditions precedent under the equity transfer agreements. The announcement was issued by China Travel International Investment Hong Kong Limited.

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