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本帖最后由 aimei 于 2011-4-29 17:50 编辑
UPDATE 1-Puda Coal gets buy-out proposal from chairman
Puda Coal Inc
PUDA.A
$6.00
+0.00+0.00%
04/08/2011
Fri Apr 29, 2011 5:22pm EDT
* Chairman proposes to take co pvt for $360 mln
* Shareholders to get $12 apiece (Follows alerts)
April 29 - Chinese company Puda Coal said its Chairman Ming Zhao, who is facing an internal probe into alleged unauthorized transactions in shares of a unit, has proposed to take the company private for about $360 million.
Puda shareholders will get up to $12 per share. The stock, which was halted on April 11, last traded at $6 on the American Stock Exchange.
Puda shares were halted after the company said it will investigate the allegations raised in a recent article alleging various unauthorized transactions in the shares of a subsidiary company, Shanxi Coal, by Zhao.
Chairman Ming Zhao said the deal will be financed with a combination of existing cash on hand and external financing sources.
The company's audit committee will review and evaluate the proposal, the company said. (Reporting by Vaishnavi Bala in Bangalore;Editing by Vyas Mohan) ((vaishnavi.bala@thomsonreuters.com within U.S. +1 646 223 8780 outside U.S. +91 80 4135 5800 Reuters Messaging:vaishnavi.bala.reuters.com@reuters.net)
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发表于 2011-4-29 05:50 PM
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