Yongye stopped trading on the NASDAQ, aiming to eliminate the high costs and regulatory burdens of being a US-listed foreign entity.
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#Investment #M&A #YongyeInternational #PrivateEquity #CropNutrition #FinanceUpdate Yongye stopped trading on the NASDAQ, aiming to
This move allowed the company to focus on its Inner Mongolia operations and growth strategy without the pressure of quarterly public reporting. Learn more Yongye International, Inc
The transaction was heavily backed by $214 million in debt financing from the China Development Bank. Key Takeaways:
Small-cap Chinese stocks faced intense scrutiny and fraud worries, severely suppressing share prices, with Yongye bottoming out in 2012.
A buyer consortium—including Yongye CEO Zishen Wu and Morgan Stanley Private Equity Asia—acquired the firm for $6.60 per share .