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3SBio Signs Official Go-Private Agreement

publication date: Feb 8, 2013
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3SBio Inc. of Shenyang has agreed to be bought by Dr. Jing Lou, who is the company’s Chairman and CEO, and a CITIC Private Equity company. They will pay non-affiliated shareholders $15.40 per ADS, which values the company at $339 million. The offer was originally made in September of last year at the slightly lower price of $15 per ADS. The transaction is expected to close in Q2 of 2013. More details....

Stock Symbol: (NSDQ: SSRX)

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