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Moomoo NewsFeb 27 22:30 ET

Mobvista Confirms Discussions For Potentially Selling Businesses After Media Speculation; Shares Slide 38%

MT NewswiresFeb 27 03:39 ET

Mobvista's Sale of Mintegral to Bain Is Said to Wane on Valuation Gap

Yahoo FinanceFeb 27 00:05 ET

Mobvista: In Discussion With Potential Buyers to Dispose Its Marketing Technology Businesses

Dow JonesFeb 27 00:00 ET

MOBVISTA (01860.HK) clarifies: The company is still evaluating potential sale matters and has not entered into any final or binding agreements with any potential buyers.

On February 27, Gelonghui丨MOBVISTA (01860.HK) issued a clarification announcement, stating that the company is negotiating with potential buyers regarding the sale ("potential sale matter") of Mintegral and marketing technology services ("target business"). The company emphasizes that as of the announcement date, it is still evaluating the potential sale matter and has not entered into any final or binding agreements with any potential buyers. In the USA - where the company generates significant revenue - the government introduced two new laws in 2024 - (i) Executive Order No. 14117, preventing countries of national concern from accessing the personal information of Americans on a large scale.

Gelonghui FinanceFeb 26 23:36 ET