Back to News
Market Impact: 0.2
X Financial Receives Preliminary Non-Binding Proposal from Mangrove Coast Investment Limited to Go Private for US$6.03 Per ADS
Source: Nasdaq
M&A & RestructuringManagement & Governance
On November 6, 2026, X Financial’s board received a preliminary, non-binding proposal from Mangrove Coast Investment Limited to acquire the Company’s outstanding ordinary shares not beneficially owned by Mangrove. The provided article text is truncated before it gives further proposal terms, including the details concerning Class A ordinary shares.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
neutral
Sentiment Score
0.10
Ticker Sentiment
XYF0.20
More News
- Fox completes its $22B acquisition of Roku
- Paraguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in
- Fox wraps up its $22 billion Roku deal
- Apollo-backed dental firm vVardis seeks up to $229 million in US IPO
- Trump Names Miller Chief of Staff as Tech Rebounds
- How Paraguay’s Ueno collapse is only its latest banking crisis