CDIB makes $61m tender offer for Taiwan's Jintex
CDIB Capital, the private equity arm of China Development Financial, has launched a tender offer for Taiwan-based chemical producer Jintex that values the company at NT$1.87 billion ($60.5 million).
CDIB has offered to pay NT$27.50 per share for all shares of Jintex, representing a premium to the closing price of NT$24.90 on March 22, the last day of trading prior to the disclosure of the offer. The...
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