
星球日报|Nov 25, 2025 11:56
[Bright Smart Securities & Finance: Ant Extends Acquisition Offer Period by 4 Months]
Odaily Planet Daily reports that Bright Smart Securities & Finance has announced that it has signed a revised agreement with Ant Group to extend the acquisition offer period by 4 months, with the final deadline updated to March 25, 2026. The announcement also noted that the fulfillment of transaction conditions and the final outcome remain uncertain. According to regulatory requirements in both regions, Ant's acquisition of Bright Smart requires approval from the Hong Kong Securities and Futures Commission (SFC) and the National Development and Reform Commission (NDRC) of China. The Hong Kong SFC approved the deal on September 23, while filings with the NDRC indicate that the process is progressing as planned. (Jin10)
Timeline