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Investor Group Proposes To Buy China Biologic Products For $118.00/Share


Monday, 20 Aug 2018 08:30am EDT 

Aug 20 (Reuters) - China Biologic Products Holdings Inc ::LEADING INVESTOR GROUP PROPOSES TO ACQUIRE CHINA BIOLOGIC PRODUCTS FOR US$118.00 PER SHARE IN CASH.CHINA BIOLOGIC PRODUCTS INVESTOR GROUP - INTEND TO FINANCE OFFER TO BUY CHINA BIOLOGIC WITH DEBT & EQUITY CAPITAL .CHINA BIOLOGIC PRODUCTS INVESTOR GROUP - ALL-CASH OFFER VALUED AT APPROXIMATELY $3.9 BILLION.CHINA BIOLOGIC PRODUCTS INVESTOR GROUP - RECEIVED LETTER FROM GOLDMAN SACHS INDICATING ABILITY TO FULLY UNDERWRITE CREDIT FACILITY FOR DEAL AS SOLE LEAD ARRANGER.CHINA BIOLOGIC PRODUCTS INVESTOR GROUP - PROPOSAL WAS CONVEYED ON AUG 17 IN LETTER TO CHINA BIOLOGIC'S BOARD. 

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