- China Biologic Products Holdings (NASDAQ:CBPO) is up 18% premarket on light volume in response to its announcement that an investment group has made a non-binding proposal to acquire all the remaining shares of the company that it does not already own at $118 in cash. The total transaction value will be ~$3.9B.
- Goldman Sachs is advising.
- Update: On Tuesday, August 21, the company announced that it received the non-binding proposal.
China Biologic up 18% premarket on $118/share bid
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Symbol | Last Price | % Chg |
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CBPO | - | - |
China Biologic Products Holdings, Inc. |