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TME-SW Completes Acquisition of Ximalaya, Involving Up to USD1.26B Cash and 175M Class A Shares
TME-SW (01698.HK) announced that following the closing of the acquisition, Ximalaya has become a wholly-owned subsidiary of the Company.Pursuant to which, the equity securities of ...
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TME-SW Completes Acquisition of Ximalaya, Involving Up to USD1.26B Cash and 175M Class A Shares
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TME-SW (01698.HK)  -0.900 (-2.499%)    Short selling $11.77M; Ratio 18.010%   announced that following the closing of the acquisition, Ximalaya has become a wholly-owned subsidiary of the Company.

Pursuant to which, the equity securities of Ximalaya held by the relevant shareholders and participants of Ximalaya’s employee stock ownership plans were cancelled in exchange for a merger consideration consisting of, subject to applicable adjustments, cash in an aggregate amount of up to US$1.26 billion and up to an aggregate amount of 175 million Class A ordinary shares of the Company.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-21 16:25.)

Related NewsJPM Cuts TME-SW (01698.HK) EPS Forecasts by About 3%, Lowers TP to HKD40

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