KUKE Announces Purchase Terms With Naxos One
KUKE Announces Purchase Terms With Naxos One
BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holdings Limited ("Kuke" or the "Company") (NYSE: KUKE), the leading classical music service platform in China, is pleased to announce that on May 24, 2024, it has signed a non-binding term sheet (the "Term Sheet") with Naxos One Holding Limited ("Naxos One"), a limited liability company incorporated under the laws of the British Virgin Islands. The Term Sheet contemplates that Kuke will acquire a majority stake in two of the controlled subsidiaries of Naxos One, Angelina Assets Limited and HNH International Limited, the holding companies of the Naxos Music Group, a world-leading classical music brand and one of the largest distributors of independent classical record labels in the world (the "Naxos Group"). A director of Kuke is the controlling shareholder of Naxos One.
北京，2024年5月24日（環球新聞專線）——中國領先的古典音樂服務平台庫克音樂控股有限公司（“KUKE” 或 “公司”）（紐約證券交易所代碼：KUKE）欣然宣佈，它已於2024年5月24日與註冊成立的有限責任公司納克索斯一號控股有限公司（“納克索斯一號”）簽署了不具約束力的條款表（“條款表”）英屬維爾京群島的法律。條款表設想，庫克將收購納克索斯一號的兩家控股子公司安吉麗娜資產有限公司和HNH International Limited的多數股權。納克索斯音樂集團是世界領先的古典音樂品牌，也是全球最大的獨立古典唱片公司發行商之一（“納克索斯集團”）。庫克的董事是納克索斯一號的控股股東。
The closing of the acquisition will be subject to entering into definitive agreements and the satisfaction of customary conditions, including Kuke's satisfaction with its due diligence regarding Naxos Group, and there is no assurance such transaction will be completed.
收購的完成將取決於最終協議的簽訂和慣例條件的滿足，包括庫克對納克索斯集團的盡職調查是否滿意，而且無法保證此類交易會完成。