AMTD Announces Successful Completion of 100% Acquisition of “The Art Newspaper”
AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), alongside with AMTD Group Inc. (“AMTD Group”) and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), through AMTD World Media and Entertainment Group, together as “AMTD”, announced that the previously announced acquisition of The Art Newspaper globally through several phases of transaction processes has been closed successfully, being an important part of AMTD’s overall initiatives and strategic roadmap to develop global media and entertainment businesses to becoming one of the core pillars of AMTD Group under the “IDEA” strategy.
- AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), alongside with AMTD Group Inc. (“AMTD Group”) and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”), through AMTD World Media and Entertainment Group, together as “AMTD”, announced that the previously announced acquisition of The Art Newspaper globally through several phases of transaction processes has been closed successfully, being an important part of AMTD’s overall initiatives and strategic roadmap to develop global media and entertainment businesses to becoming one of the core pillars of AMTD Group under the “IDEA” strategy.
- The Art Newspaper is world leading and authoritative art media company that covers the international art world since 1990.
- The Art Newspaper enjoys world renowned reputation as the journal of record for the art world, and the bible of the art industry.
- Dr. Calvin Choi commented, “The Art Newspaper represents the top standard and official voice and records for the art world.