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InsideArbitrage Potential Deal Alert: iClick Interactive Asia (ICLK) receives buyout offer from Co-Founders

  • December 20, 2022


StockiClick Interactive Asia Group LimitedSymbolICLK
Date Announced12/20/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person Co-Founders- Jian Tang and Wing Hong Sammy Hsieh

iClick Interactive Asia (ICLK) received a preliminary non-binding bid from a consortium of company insiders to acquire all ordinary shares and American depositary shares for $4.0672 per ADS in cash, or $0.81344 per ordinary share.

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.