JOYY's top shareholders plan take-private deal valuing firm at up to $8b

JOYY's top shareholders plan take-private deal valuing firm at up to $8b

Xiaomi co-founder Lei Jun. Photographer: Dhiraj Singh/Bloomberg

JOYY Inc’s top two shareholders, its Chairman David Li and Xiaomi founder Lei Jun, plan to take the Nasdaq-listed company private in a deal that could value it at up to $8 billion, three people with knowledge of the matter said.

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