Livzon Secures Controlling Stake in Vietnam’s Imexpharm After Tender Offer Completion

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2026.05.11 12:46
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Livzon Pharmaceutical Group has completed a voluntary public tender offer for shares in Vietnam’s Imexpharm Corporation, acquiring a controlling stake of 67.87% of Imexpharm’s registered capital. The offer period closed on April 29, 2026, with shareholders tendering 104,545,781 shares at VND57,400 each. This acquisition strengthens Livzon's position in Vietnam's pharmaceutical market as part of its regional expansion strategy. The latest analyst rating for Livzon's stock (HK:1513) is a Sell, with a price target of HK$22.99.