China Ming Yang Wind completes PE-backed take-private
Wind turbine manufacturer China Ming Yang Wind Power Group has delisted from the New York Stock Exchange following a take-private involving the company founder and several local private equity investors.
Chuanwei Zhang, Ming Yang's founder, chairman and CEO, submitted an offer in November 2015 to buy all outstanding shares in the company for $2.51 apiece. This represented a 13% premium to the previous...
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