Fertilizer maker Yongye finalizes going-private deal

|About: Yongye International Inc (YONG)|By:, SA News Editor

Yongye International (YONG +4.7%) agrees to be taken private in a deal that values the Chinese fertilizer company at ~$339M.

Full Alliance International and its affiliates will buy all the shares they don’t already own for $6.69 each in cash, a 40% premium to YONG’s closing price on Oct. 12, 2012, the last trading day prior to its announcement of the receipt of a going-private proposal, and an 11.9% premium to its Friday close.