Q&M Dental closes offer for Aoxin Q&M shares on 16 June
Q&M Dental Group's unconditional cash offer to acquire all remaining shares in Aoxin Q&M closed on 16 June at 5:30 pm. The company confirmed it will not revise or extend the offer, which was set at $0.0321 per share. This offer followed an increase in Q&M Dental's stake in Aoxin Q&M from 33.33% to 50.53%.
The company does not intend to revise or extend the offer.
Q&M Dental Group’s unconditional cash offer to acquire all remaining shares in its unit, Aoxin Q&M, closes on 16 June at 5:30 pm.
In a bourse filing, Q&M Dental said it does not intend to extend the offer beyond the closing date or revise the offer price.
On 19 May, the company said it had electronically distributed the official offer document to shareholders.
Q&M Dental offered $0.0321 per Aoxin Q&M share. The offer was made after Q&M Dental’s stake in Aoxin Q&M increased from 33.33% to 50.53%.
