Adicon Holdings Limited (SEHK:9860) agreed to acquire Suzhou Yuande Weikang Biomedical Co., Ltd. from CHEN Jun for approximately CNY 200 million on May 6, 2025. The consideration consists of 14.51 million common equity of Adicon Holdings Limited to be issued for common equity of Suzhou Yuande Weikang Biomedical Co., Ltd. Adicon Holdings Limited will pay an earnout/contingent payment common equity.
The transaction is subject to approval by regulatory board / committee.
Adicon Holdings Limited agreed to acquire Suzhou Yuande Weikang Biomedical Co., Ltd. from CHEN Jun for approximately CNY 200 million.
Published on 06/05/2025 at 03:30
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