This move allowed the company to focus on its Inner Mongolia operations and growth strategy without the pressure of quarterly public reporting.
A buyer consortium—including Yongye CEO Zishen Wu and Morgan Stanley Private Equity Asia—acquired the firm for $6.60 per share . yongye international buyout
The merger turned Yongye into a wholly-owned subsidiary of Full Alliance International Limited. This move allowed the company to focus on
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? Following a challenging period in the US capital
This transaction highlights the trend of U.S.-listed Chinese firms returning to private ownership to restructure and re-evaluate their capital access in a more challenging regulatory environment.
Yongye stopped trading on the NASDAQ, aiming to eliminate the high costs and regulatory burdens of being a US-listed foreign entity.