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6 个月前
BRIEF-China XD Plastics announces receipt of preliminary non-binding "going private" proposal
2017年2月17日 / 下午2点00分 / 6 个月前

BRIEF-China XD Plastics announces receipt of preliminary non-binding "going private" proposal

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Feb 17 (Reuters) - China Xd Plastics Co Ltd

* China XD Plastics Co Ltd - offer for us$5.21 per share of common stock in cash

* China XD Plastics announces receipt of preliminary non-binding "going private" proposal

* China XD Plastics Co Ltd - board has established a special committee of disinterested directors to consider proposal

* Says proposal letter states buyer consortium expects board will appoint a special committee to consider proposal

* China XD Plastics Co - proposal letter states buyer consortium expects board to appoint special committee of independent directors to consider proposal

* China XD Plastics Co - special committee intends to retain advisors, including an independent financial advisor, to assist in evaluation of proposal

* China XD Plastics - received preliminary non-binding proposal letter from ceo, xd. Engineering plastics co Source text for Eikon: Further company coverage:

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