Ride-hailing giant Didi Global is considering going private as it mulls ways to assuage regulators who cracked down on the company, and compensate investors for losses after its US listing, the Wall Street Journal reported, citing people familiar with the matter.
A preliminary option being considered is a deal to take the company private that would involve a tender offer for its publicly traded shares, the report said. Didi later said in a statement that the WSJ report was not true, Reuters reported. Full story: Wall Street Journal
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This story was updated to add a category and Didi’s denial.