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

VNET

13/09/2022 14:48

Sept 13 (Reuters) - 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:nPn8HgRM7a 
Further company coverage:  VNET.O 

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