BRIEF-Huize Acquires Vietnam Insurtech Platform Global Care-February 2024-www.financetom.com

BRIEF-Huize Acquires Vietnam Insurtech Platform Global Care

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BRIEF-Huize Acquires Vietnam Insurtech Platform Global Care

Jun 20, 2024 4:10 AM

June 20 (Reuters) - Huize Holding Ltd ( HUIZ ):

* HUIZE ACQUIRES LEADING VIETNAM INSURTECH PLATFORM GLOBAL

CARE

* HUIZE HOLDING LTD ( HUIZ ) - THROUGH ITS NEWLY ESTABLISHED

INTERNATIONAL

ARM PONI INSURTECH WILL ACQUIRE A CONTROLLING STAKE IN GLOBAL

CARE

* HUIZE ( HUIZ )- VINACAPITAL VENTURES TO GET AS PARTIAL

CONSIDERATION

NEWLY ISSUED CLASS A COMMON SHARES OF HUIZE OF ABOUT 1.7% OF

ISSUED SHARE CAPITAL

* HUIZE HOLDING LTD ( HUIZ ) - UPON COMPLETION, GLOBAL CARE WILL

BECOME

HUIZE'S SUBSIDIARY

Source text for Eikon:

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