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百度集團-SW：終止與JOYY Inc . 的股份購買協議

BIDU-SW: TERMINATION OF THE SHARE PURCHASE AGREEMENT WITH JOYY INC.

香港交易所 ·  Jan 1 18:03
Summary by Futu AI
百度集團股份有限公司（「百度」）於2024年1月1日宣布，其關聯公司Moon SPV Limited已終止與JOYY Inc.（「JOYY」）的股份購買協議。該協議原訂於2020年11月16日，旨在收購JOYY在中國的國內視頻娛樂直播業務。根據協議，交割須滿足包括政府監管部門批准在內的前提條件。然而，截至2023年12月31日的最終截止日，這些條件尚未全部滿足，導致協議被終止。百度表示將與JOYY討論後續安排。百度在美國納斯達克上市，股份代碼為BIDU，並在香港以股份代號9888及89888交易。百度的股本結構包括A類及B類普通股，其中A類普通股每股1票，B類普通股每股10票。
百度集團股份有限公司（「百度」）於2024年1月1日宣布，其關聯公司Moon SPV Limited已終止與JOYY Inc.（「JOYY」）的股份購買協議。該協議原訂於2020年11月16日，旨在收購JOYY在中國的國內視頻娛樂直播業務。根據協議，交割須滿足包括政府監管部門批准在內的前提條件。然而，截至2023年12月31日的最終截止日，這些條件尚未全部滿足，導致協議被終止。百度表示將與JOYY討論後續安排。百度在美國納斯達克上市，股份代碼為BIDU，並在香港以股份代號9888及89888交易。百度的股本結構包括A類及B類普通股，其中A類普通股每股1票，B類普通股每股10票。
Baidu Group Co., Ltd. (“Baidu”) announced on January 1, 2024 that its related company Moon SPV Limited has terminated its share purchase agreement with JOYY Inc. (“JOYY”). The agreement was originally signed on November 16, 2020 to acquire JOYY's domestic video entertainment streaming business in China. Under the agreement, the delivery must meet the prerequisites including approval by the government regulatory department. However, as of the final deadline of December 31, 2023, these conditions have not been fully met, causing the agreement to be terminated. Baidu said further discussions with JOYY will be arranged. Baidu is listed on Nasdaq in the United States, with the stock code BIDU and is traded in Hong Kong under the stock codes 9888 and 89888. Baidu's share capital structure consists of Class A and Class B ordinary shares, with Class A ordinary shares of 1 share per share and Class B ordinary shares of 10 shares per share.
Baidu Group Co., Ltd. (“Baidu”) announced on January 1, 2024 that its related company Moon SPV Limited has terminated its share purchase agreement with JOYY Inc. (“JOYY”). The agreement was originally signed on November 16, 2020 to acquire JOYY's domestic video entertainment streaming business in China. Under the agreement, the delivery must meet the prerequisites including approval by the government regulatory department. However, as of the final deadline of December 31, 2023, these conditions have not been fully met, causing the agreement to be terminated. Baidu said further discussions with JOYY will be arranged. Baidu is listed on Nasdaq in the United States, with the stock code BIDU and is traded in Hong Kong under the stock codes 9888 and 89888. Baidu's share capital structure consists of Class A and Class B ordinary shares, with Class A ordinary shares of 1 share per share and Class B ordinary shares of 10 shares per share.
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