iClick Interactive shares up on buyout proposal for $6.75/ADS

Amber International Holding

24/09/2021 14:25

** U.S.-listed shares of Hong Kong-headquartered online
marketing provider  ICLK.O  up 7.9% at $6.10 in premarket
trading - set for their fourth straight session of gains
    ** ICLK says hedge fund Oasis Management Co Ltd and PAG
Pegasus Fund LP have made a preliminary offer to buy out the
company for $6.75 per ADS in cash  urn:newsml:reuters.com:*:nPn8pgnk2a
    ** ICLK's board plans to evaluate the offer, which
represents a premium of about 19.5% to stock's last close 
    ** As of last close, stock had fallen ~34% this year

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))