AMTD International (HKIB) Acquires Majority Stake in AMTD Digital, Integrating IDEA's "I" and "D" to Enter into the Metaverse
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AMTD International Acquires Majority Stake in AMTD Digital, Integrating IDEA’s “I” and “D” to Enter into the Metaverse
January 24, 2022 11:12 AM ESTNEW YORK & HONG KONG & SINGAPORE--(BUSINESS WIRE)-- AMTD International Inc. (AMTD International or the Company or AMTD IDEA Group) (NYSE: HKIB; SGX: HKB), a subsidiary of AMTD Group Company Limited (AMTD Group) and a leading comprehensive financial services focused conglomerate headquartered in Hong Kong, today announced that it has entered into share purchase agreements (the Share Purchase Agreements) with certain shareholders of AMTD Digital Inc. (AMTD Digital), including certain strategic investors, institutional shareholders, and AMTD Group.
Under the terms and conditions of the Share Purchase Agreements, AMTD International will acquire a... More