POTENTIAL DEAL DETAILS
|Stock||China Index Holdings Limited||Symbol||CIH|
|Date Announced||08/23/2022||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||Fang Holdings Limited|
Fang Holdings Limited, a leading real estate Internet portal in China, announced that it has submitted to the board of directors of China Index Holdings Limited (CIH), a leading real estate information and analytics service platform provider in China, a preliminary non-binding proposal to acquire all outstanding Class A and Class B ordinary shares of China Index Holdings Limited, including Class A ordinary shares represented by American depositary shares (“ADSs”, each representing one Class A ordinary share), that are not currently owned by the Company in a going-private transaction at a purchase price of US$0.84 per share or per ADS.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.