Sina Corp , the owner of media social platform Weibo, said on Monday it had received a go-private offer of US$41 per share in cash from a holding company led by its Chief Executive Officer Charles Chao.
The transaction stands at a value of about US$2.7 billion, according to Reuters calculations based on the current outstanding shares and represents a premium of nearly 12per cent as of Friday's stock closing price.New Wave, which is controlled by Chao, already owns 12.15per cent stake in Sina, according to Refinitiv-Eikon data.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »