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According to the Zhitong Finance App, Changfei Optical Fiber Cable (06869.HK) announced that on July 30, 2026, the company (as the buyer) signed an equity transfer agreement with Draka Comteq B.V. (seller). The company plans to acquire 25% of Changfei Optical Cable (Shanghai) Co., Ltd. (Changfei Shanghai) from Draka at a cost of 12 million euros in cash. After the acquisition is completed, the target company will own 100% of the company's shares and will therefore become a wholly-owned subsidiary of the company.

Zhitongcaijing·07/30/2026 14:49:09
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According to the Zhitong Finance App, Changfei Optical Fiber Cable (06869.HK) announced that on July 30, 2026, the company (as the buyer) signed an equity transfer agreement with Draka Comteq B.V. (seller). The company plans to acquire 25% of Changfei Optical Cable (Shanghai) Co., Ltd. (Changfei Shanghai) from Draka at a cost of 12 million euros in cash. After the acquisition is completed, the target company will own 100% of the company's shares and will therefore become a wholly-owned subsidiary of the company.