I doubt that is what is happening. But I guess JD taking a stake in A2M isn't out of the question given the previous interest way back then.
In a takeover the bidder usually makes an offer to acquire shares off-market for a price that is equivalent to the current SP + whatever % premium the bidder wants to pay. I think when China Mengniu tookover Bellamy's they paid ~60% premium. By contrast A2M is in way better shape than Bellamy's was financially.
To my knowledge the bidder needs to reach at least 90% ownership of all shares before they can compulsorily acquire the remainder and complete the acquisition. I think in some circumstances it can be accepted by a shareholder vote (quick) whereas in other cases it is more protracted reaching the 90% mark.
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Last
$7.16 |
Change
0.020(0.28%) |
Mkt cap ! $5.176B |
Open | High | Low | Value | Volume |
$7.16 | $7.23 | $7.07 | $18.04M | 2.526M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4213 | $7.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.16 | 17242 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4213 | 7.120 |
2 | 16106 | 7.110 |
2 | 10250 | 7.100 |
6 | 16629 | 7.090 |
3 | 7459 | 7.080 |
Price($) | Vol. | No. |
---|---|---|
7.170 | 3000 | 1 |
7.180 | 3180 | 2 |
7.200 | 3208 | 2 |
7.210 | 7202 | 1 |
7.220 | 7202 | 1 |
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