Watlow Electric Moves to Take Genes Tech Group Private
Watlow Electric Manufacturing Company plans to take Genes Tech Group Holdings private by acquiring all its shares and delisting from the Hong Kong Stock Exchange. An independent board committee and financial adviser are appointed, and trading has resumed. This was announced jointly by both companies.
Genes Tech Group Holdings Company Limited is set to be taken private by Watlow Electric Manufacturing Company. The proposal involves Watlow acquiring all shares of Genes Tech Group Holdings and subsequently withdrawing the company’s listing from the Hong Kong Stock Exchange. The announcement also includes details on an irrevocable undertaking, the formation of an independent board committee, and the appointment of an independent financial adviser. Trading in the company’s shares has resumed following the disclosure. This update was disclosed in a joint announcement by Watlow Electric Manufacturing Company and Genes Tech Group Holdings Company Limited. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genes Tech Group Holdings Co. Ltd. published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
