Yongye stopped trading on the NASDAQ, aiming to eliminate the high costs and regulatory burdens of being a US-listed foreign entity.
Following a challenging period in the US capital markets, Chinese crop nutrient developer officially completed its going-private merger on July 3, 2014. Why did this happen?
Small-cap Chinese stocks faced intense scrutiny and fraud worries, severely suppressing share prices, with Yongye bottoming out in 2012.
The transaction was heavily backed by $214 million in debt financing from the China Development Bank. Key Takeaways:
Yongye International Buyout -
Yongye stopped trading on the NASDAQ, aiming to eliminate the high costs and regulatory burdens of being a US-listed foreign entity.
Following a challenging period in the US capital markets, Chinese crop nutrient developer officially completed its going-private merger on July 3, 2014. Why did this happen? yongye international buyout
Small-cap Chinese stocks faced intense scrutiny and fraud worries, severely suppressing share prices, with Yongye bottoming out in 2012. Yongye stopped trading on the NASDAQ, aiming to
The transaction was heavily backed by $214 million in debt financing from the China Development Bank. Key Takeaways: Yongye stopped trading on the NASDAQ