Loading...
Loading...
- JD.Com Inc JD subsidiary JD Logistics plans to raise $1.1 billion through a share placement and subscription agreement.
- JD Logistics intends to enter into a subscription agreement with its parent company JD.Com for a $700 million share placement (JDL Subscription).
- JD Logistics plans to raise $400 million from an equity offering (JDL Placement).
- The proposed JDL Placement and JD Subscription will be subject to the execution of definitive transaction documents.
- Price Action: JD shares are trading lower by 5.90% at $60.50 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in