Hunter Maritime plans merger with NCF Wealth
The Saverys’ family-led acquisition firm will issue 200m company shares to the Chinese fintech company, which equates to a $2bn equity value of the latter. But HMA must also convince its shareholders to give it enough time to close the deal and has offered to buy almost $150m in company shares towards this end
Hunter Maritime Acquisition will buy almost $150m worth of equity in its own company to ensure the merger, expected to close in 2019, goes through