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DiDi Global shares surge on WSJ report it may go private

DiDi Global DIDI, +10.32% shares rocketed 25% higher to $11.14 in premarket trade after The Wall Street Journal reported the Chinese ride-hailing company might go private. A take-private deal that would involve a tender offer for its publicly traded shares is one of the preliminary options being considered, the report said, quoting people familiar with the matter. DiDi went public at $14 per share, before China’s cybersecurity regulatory launched a data-security probe and ordered the app removed from app stores.

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