Tarena International Inc - ADR

NASDAQ:TEDU  
3.77
-0.02 (-0.53%)
Mergers / Acquisitions

Tarena Enters Into Definitive Agreement For Going Private Transaction

Published: 04/30/2021 12:19 GMT
Tarena International Inc - ADR (TEDU) - Tarena Enters Into Definitive Agreement for "going Private" Transaction.
Tarena International Inc - Transaction Implying an Equity Value of Company of Approximately Us$230.6 Million.
Tarena International Inc - Transaction Implying an Equity Value of Company of Approximately Us$230.6 Million.
Tarena International Inc - Merger Consideration Will Be Funded Through Cash Contribution by Ascendent Capital Partners Iii, Lp Or Its Affiliates.
Tarena International Inc - Co Entered Into an Agreement and Plan of Merger With Kidedu Holdings Limited and Its Unit Kidarena Merger Sub.
Tarena International - Merger Will Result in Co Becoming Privately Held Company, Its Adss Will No Longer Be Listed on Nasdaq Global Select Market.