Dada Nexus' Shareholders Approve Merger With JD Sunflower Investment
I'm PortAI, I can summarize articles.
Dada Nexus said Tuesday its shareholders have approved the company's previously announced proposed merger with JD.com's JD Sunflower Investment unit. Under the terms of the merger, Dada Nexus will become a wholly-owned unit of JD Sunflower Investment, the company said, adding that it will become a privately-held company upon merger completion. The deal was first announced on April 1. DADA and JD shares were down 1% and 1.1%, respectively, in recent trading.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading View The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments