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New Deal


Announced

East Stone Acquisition to merge with JHD Holdings in a $1bn deal.

Financials

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Transaction Value£724m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales12.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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De-SPAC

Pending

Friendly

Acquisition

Reverse Takeover

Majority

Merger

Single Bidder

Private

Cross Border

China

point of sale solutions

software solutions

Software

Synopsis

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East Stone Acquisition, a special purposes acquisition company to merge with JHD Holdings, a PoS solutions provider, in a $1bn deal. “In JHD we have found a truly exciting company operating in a large, dispersed and underserved addressable market with hundreds of millions of potential customers," Xiaoma “Sherman” Lu, East Stone CEO.

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