FilingReader Intelligence

VCredit extends long stop date for BPG acquisition

April 1, 2025 at 05:06 PM UTCBy FilingReader AI

VCREDIT Holdings Limited announced an extension to the long stop date for its proposed acquisition of up to 100% of Banco Português de Gestão, S.A. The original long stop date of 4 May 2025, has been extended by six months to 4 November 2025. This extension is due to the need for additional time to satisfy a regulatory condition pertaining to the acquisition. The company stated that all other terms and conditions of the Sale and Purchase Agreement remain unchanged. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities, as the completion of the acquisition is subject to the satisfaction or waiver of conditions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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