ANE's privatization progress continues to advance, and the consortium has gained further support from shareholders
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The privatization progress of ANE continues to advance. Since the consortium and ANE jointly announced the privatization proposal on October 28, the latest announcement shows that Ivy Little Rock I Limited and ABS Direct Equity Fund LLC have made additional irrevocable commitments to support the delisting proposal. The IvyRock entities collectively hold 20,046,875 shares, accounting for approximately 1.70% of the company's issued shares. The Chief Executive Officer and Chief Operating Officer have also provided support, further ensuring the proposal's advancement
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