IDT International Receives Mandatory Unconditional Cash Offer from Joint Offerors

Reuters2025-12-31

IDT International Receives Mandatory Unconditional Cash Offer from Joint Offerors

A mandatory unconditional cash offer has been made for all issued shares of IDT International Limited not already owned or agreed to be acquired by Hong Kong Hunglap Technology Co., Limited, Horizon Heights Ltd., and parties acting in concert with them. The composite document relating to the offer has been dispatched to shareholders, providing further details on the terms of the offer. The update was disclosed in a joint announcement by Hong Kong Hunglap Technology Co., Limited, Horizon Heights Ltd., and IDT International Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IDT International Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11971935), on December 30, 2025, and is solely responsible for the information contained therein.

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