Announced
Financials
Tags
Merger
Acquisition
Friendly
Single Bidder
Cross Border
Majority
Public
Hong Kong
Media Agencies
online marketing
Privatisation
Failed
Synopsis
iClick, an enterprise and marketing cloud platform, terminated the merger agreement with TSH Investment, an investment company. Financial terms were not disclosed. On March 8, 2024, iClick announces shareholders' approval of the merger agreement. iClick is exercising its right to terminate the merger agreement and demanding the Parent to pay the $1.8m termination fee by May 9, 2024. As a result of the termination of the Merger Agreement, the proposed merger will not be completed.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.