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flag A consortium offers $1.84B to delist Chinese LTL freight company ANE from Hong Kong exchange at a 48.5% premium.

flag A consortium led by Centurium Capital, Temasek, and True Light, along with ANE (Cayman) Inc., has proposed delisting the Chinese less-than-truckload freight company from the Hong Kong Stock Exchange, offering HK$12.18 per share—a 48.5% premium over the undisturbed closing price on September 3, 2025. flag The deal, valued at approximately US$1.84 billion, provides shareholders a fixed cash exit amid low trading liquidity and market volatility. flag The consortium holds 35.74% of shares, making a competing bid unlikely. flag The move aims to enhance strategic flexibility for ANE as it navigates economic challenges and intense industry competition.

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