Chinese ADR Buyouts in Progress (Update)

Many pending buyouts progressed towards completion despite recent equity market volatility.  Since my last update: Mindray closed Global-Tech Advanced closed Homeinns closed Jiayuan has been approved and expects to close this month Xueda has been approved and expects to close this quarter DangDang received a competing bid at a higher price New buyout offers: Sinovac … Continue reading Chinese ADR Buyouts in Progress (Update)

Advertisements

Chinese ADR Buyouts in Progress (Update)

Many pending buyouts progressed towards completion despite recent equity market volatility.  Since my last update: the Vimicro buyout was completed the Xueda Education buyout was approved, but has not yet closed the Jiayuan buyout was approved, but has not yet closed.  The company is essentially going public on China's "New Third Board" through a reverse … Continue reading Chinese ADR Buyouts in Progress (Update)