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Tongcheng Travel unit launches HK$1.39-a-share cash offer for Dida Inc

PUBT·06/29/2026 14:29:52
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Tongcheng Travel unit launches HK$1.39-a-share cash offer for Dida Inc
  • Tongcheng Travel’s wholly owned offeror plans a cash offer for all Dida shares at HK$ 1.39 each.
  • The offer implies about HK$ 1.42 billion equity value, based on 1,026,282,344 shares outstanding.
  • Dida board plans a conditional special cash dividend of HK$ 1.17 per share, payable in addition to the offer price.
  • Irrevocable undertakings cover 551,148,534 shares, or 53.7% of Dida’s issued share capital.
  • Financing includes a facility of up to HK$ 1.5 billion from China CITIC Bank International.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongcheng Travel Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260629-12221414), on June 29, 2026, and is solely responsible for the information contained therein.

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