PE investors back $402m Sinovac take-private
A consortium of private equity investors has agreed to privatize US-listed Chinese biopharmaceutical player Sinovac Biotech in a deal worth $401.8 million, bringing a contentious bidding process to an end.
The buyer group includes SAIF Partners, Advantech Capital, C-Bridge Capital and Vivo Capital, as well as Weidong Yin, chairman and CEO of Sinovac, according to a filing. They will pay $7.00 per share,...
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