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BRIEF-VNET Announces Receipt Of Preliminary Non-Binding Proposal To Acquire All Of Its Shares

BRIEF-VNET Announces Receipt Of Preliminary Non-Binding Proposal To Acquire All Of Its Shares

Reuters · 09/13/2022 09:48
BRIEF-VNET Announces Receipt Of Preliminary Non-Binding Proposal To Acquire All Of Its Shares

- VNET Group Inc VNET.O:

  • VNET ANNOUNCES RECEIPT OF PRELIMINARY NON-BINDING PROPOSAL TO ACQUIRE ALL OF ITS SHARES AND FORMATION OF SPECIAL COMMITTEE TO REVIEW THE PROPOSAL

  • VNET GROUP INC - RECEIVED A PRELIMINARY NON-BINDING PROPOSAL LETTER FROM JOSH SHENG CHEN, FOUNDER OF COMPANY

  • VNET GROUP INC - PROPOSAL TO ACQUIRE ALL OF OUTSTANDING ORDINARY SHARES OF COMPANY FOR$8.20 IN CASH PER AMERICAN DEPOSITARY SHARE

  • VNET GROUP INC - FORMED COMMITTEE TO EVALUATE AND CONSIDER PROPOSED TRANSACTION AS WELL AS OTHER POTENTIAL STRATEGIC ALTERNATIVES

Source text for Eikon: ID:

Further company coverage: VNET.O


((Reuters.Briefs@thomsonreuters.com;))