Yao Cai Securities Financial: Ant acquisition offer period extended by 4 months

Odaily News According to a announcement from Yaocai Securities, Yaocai Securities and Ant have signed a revised protocol, extending the acquisition offer period by 4 months, with the final deadline updated to March 25, 2026. The announcement also notes that there remains uncertainty regarding the achievement of transaction conditions and the final results. According to regulatory requirements in both regions, Ant's acquisition of Yaocai must obtain approval from the Hong Kong Securities and Futures Commission and the National Development and Reform Commission of China. The Hong Kong Securities and Futures Commission approved it on September 23, and the filing with the National Development and Reform Commission is reported to be progressing as planned. (Jin10)

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