Home » Two peers compete for new era securities Zhang Xinshuo: brokerages can quickly grow bigger through mergers and acquisitions

Two peers compete for new era securities Zhang Xinshuo: brokerages can quickly grow bigger through mergers and acquisitions

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CBN 2021-10-08 16:16:09

Editor in charge: Hao Yunying

The two brokerages are also looking at New Era Securities. Judging from the announcements of both parties, Western Securities has clearly stated that it will obtain a controlling stake in New Era Securities. The maximum cash contribution ratio will not exceed 13 billion yuan, which is close to the reserve price of New Era Securities. And Dongxing Securities appeared in the role of equity participation, the controlling party is the central enterprise China Chengtong. Who will win this stake, and whose odds of winning are better? How to treat multiple securities firms competing for equity in peers?

Two peers compete for new era securities Zhang Xinshuo: brokerages can quickly grow bigger through mergers and acquisitions

The two brokerages are also looking at New Era Securities. Judging from the announcements of both parties, Western Securities has clearly stated that it will obtain a controlling stake in New Era Securities. The maximum cash contribution ratio will not exceed 13 billion yuan, which is close to the reserve price of New Era Securities. And Dongxing Securities appeared in the role of equity participation, the controlling party is the central enterprise China Chengtong. Who will win this stake, and whose odds of winning are better? How to treat multiple securities firms competing for equity in peers?

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