Ambow Education Holding Ltd - ADR

ASE:AMBO   4:00:00 PM EDT
0.33
-0.01 (-4.33%)
Divestitures / Spin-offs, Mergers / Acquisitions

Ambow Education Reaches Definitive Agreement For The Sale Of Ambow Education, Education Management And Ambow Education Group Ltd.

Published: 11/23/2022 11:21 GMT
Ambow Education Holding Ltd - ADR (AMBO) - Ambow Education Reaches Definitive Agreement for the Sale of Ambow Education Ltd.
, Ambow Education Management Ltd.
and Ambow Education Group Ltd.
Ambow Education Holding Ltd - Upon Completion of Sale, Company Would Have, Through Its Subsidiaries, Sold Substantially All of Its Assets in China.
Ambow Education Holding Ltd - Proposed Deal for Consideration of Purchaser Paying Us$12 Million in Cash to Company.
Ambow Education Holding- Closing of Sale is Not Certain; There is No Assurance That All Conditions Precedent to Closing of Sale Will Be Satisfied.