Brief: Duet Acquisition Intends To Combine With Fenix 360 Pte Ltd
06/07/2023 22:32
July 6 (Reuters) - DUET Acquisition Corp DUET.O :
* DUET ACQUISITION CORP. INTENDS TO COMBINE WITH FENIX 360
PTE
LTD., TO CREATE A GLOBAL SOCIAL MEDIA PLATFORM
* DUET ACQUISITION CORP - TOTAL CONSIDERATION TO BE PROVIDED
TO
FENIX'S EQUITY HOLDERS IN PROPOSED BUSINESS COMBINATION WILL BE
$600 MILLION
* DUET ACQUISITION CORP - EXPECTS TO ANNOUNCE ADDITIONAL
DETAILS
REGARDING PROPOSED BUSINESS COMBINATION WHEN A DEFINITIVE
AGREEMENT IS EXECUTED
Source text for Eikon: ID:nGNX82DZQx
Further company coverage: DUET.O
((Reuters.Briefs@thomsonreuters.com;))
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