Smart Share Global Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company
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Smart Share Global Limited (Nasdaq: EM) has received a preliminary non-binding proposal from a buyer group to acquire all outstanding shares, offering a significant premium over recent trading prices.

January 06, 2025 | 9:00 am
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Smart Share Global Limited has received a buyout proposal from a group including its CEO and other executives, offering a 74.8% premium over the last closing price.
The proposal to acquire Smart Share Global Limited at a significant premium is likely to drive the stock price up in the short term as investors react to the potential buyout. The involvement of key company executives in the buyer group adds credibility to the proposal.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100