The transaction was heavily backed by $214 million in debt financing from the China Development Bank. Key Takeaways:
AI responses may include mistakes. For financial advice, consult a professional. Learn more Yongye International, Inc. - SEC.gov yongye international buyout
The merger turned Yongye into a wholly-owned subsidiary of Full Alliance International Limited. The transaction was heavily backed by $214 million
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? severely suppressing share prices
Yongye stopped trading on the NASDAQ, aiming to eliminate the high costs and regulatory burdens of being a US-listed foreign entity.
Small-cap Chinese stocks faced intense scrutiny and fraud worries, severely suppressing share prices, with Yongye bottoming out in 2012.