Jumei International Holding (JMEI) approached by Mr. Leo Ou Chen, chairman of the Board, chief executive officer and acting chief financial officer of the Company

POTENTIAL DEAL DETAILS

Stock Jumei International Holding Limited Symbol JMEI
Date Announced 01/12/2020 Source Press release
Type Unsolicited Bid Acquiring Company/Person Super ROI Global Holding Limited and Jumei Investment Holding Limited
Date of Confirmation: N/A Price at Confirmation: $19.52
Potential Profit: 2.74% Annualized Profit: 50.01%

Jumei International Holding Limited (JMEI), a fashion and lifestyle solutions provider in China, today announced that its board of directors has received a preliminary non-binding proposal letter, dated January 11, 2020, from Mr. Leo Ou Chen, chairman of the Board, chief executive officer and acting chief financial officer of the Company, to acquire all of the outstanding ordinary shares of the Company.

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.

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