iClick Interactive (ICLK) announces receipt of a preliminary non-binding indicative proposal to acquire the Company

  • September 24, 2021

POTENTIAL DEAL DETAILS

StockiClick Interactive Asia Group LimitedSymbolICLK
Date Announced09/24/2021Source Press Release
TypeUnsolicited BidAcquiring Company/Person PAG Pegasus Fund LP

iClick Interactive Asia Group Limited (ICLK), a leading enterprise and marketing cloud platform in China announced that its board of directors has received a preliminary non-binding indicative proposal dated September 23, 2021 from PAG Pegasus Fund LP  to acquire all of the outstanding shares of the Company.

Update(s):

October 18, 2021: iClick Interactive Asia Group Limited (ICLK), announced that on October 17, 2021 its board of directors received another unsolicited preliminary non-binding indicative offer dated October 13, 2021 from Infinity Equity Management Co. Ltd. and/or its affiliates, managed funds, co-invested entity and through special purpose vehicle to acquire all of the outstanding shares of the Company for US$7.50 per ADS in cash, subject to certain terms set forth in the Proposal Letter.

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