JOYY (JOYY US): Rumoured Privatisation

933 Views26 Aug 2021 20:13
JOYY is up ~40% from its recent low earlier this month.  I think this can run some more on this latest chatter. But there is still no announcement of an offer - binding or otherwise.
Boomeranged on Tue, 2 Jan 2024 09:39
A little over three years after entering into an SPA, Baidu (9888 HK) has now terminated discussions with JOYY (YY US) as the closing conditions (i.e. necessary regulatory approvals) as at the 31 Dec 2023 long stop date had not been fully satisfied. (link to the HKEx announcement in the discussions section below).
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