BRIEF-Tencent Music Entertainment Announced Proposed Acquisition Of Ximalaya Inc

BRIEF-Tencent Music Entertainment Announced Proposed Acquisition Of Ximalaya Inc - SEC Filing

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BRIEF-Tencent Music Entertainment Announced Proposed Acquisition Of Ximalaya Inc - SEC Filing

Jun 10, 2025 3:21 AM

June 10 (Reuters) - Tencent Music Entertainment Group ( TME )

* TENCENT MUSIC ENTERTAINMENT GROUP ( TME ) - ANNOUNCED PROPOSED

ACQUISITION OF XIMALAYA INC -SEC FILING

* TENCENT MUSIC ENTERTAINMENT ( TME )- UNDER PROPOSED DEAL

XIMALAYA'S

SHAREHOLDERS TO GET COMBINATION OF CASH OF $1.26 BILLION & STOCK

OF CLASS A ORDINARY SHARES

* TENCENT MUSIC ENTERTAINMENT GROUP ( TME ) - UNDER THE MERGER DEAL,

XIMALAYA TO UNDERTAKE RESTRUCTURING OF SOME EXISTING BUSINESSES

* TENCENT MUSIC ENTERTAINMENT GROUP ( TME ) - UNDER PROPOSED DEAL,

XIMALAYA WILL BECOME WHOLLY OWNED SUBSIDIARY OF CO

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