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Ossen Innovation Gets Buyout Proposal From Majority Holder Pujiang

Ossen Innovation Gets Buyout Proposal From Majority Holder Pujiang

奥森创新公司从大股东浦江获得收购要约
Dow Jones Newswires ·  2020/09/16 08:35

DJ Ossen Innovation Gets Buyout Proposal From Majority Holder Pujiang

DJ Ossen Innovation获得大股东浦江的收购要约

By Colin Kellaher

科林·凯莱赫(Colin Kellaher)著

Ossen Innovation Co. on Wednesday said it received a non-binding proposal from its majority owner to acquire the rest of the company for $5 per American depositary share in cash.

奥斯森创新公司(Ossen Innovation Co.)周三说,它收到了多数股东提出的一份不具约束力的提议,以每股美国存托股票5美元的现金收购该公司剩余股份。

The Shanghai maker of coated steel materials said its board will form a special committee of independent directors to consider the proposal from Pujiang International Group Ltd., which currently owns a roughly 65.9% stake in Ossen.

这家上海涂层钢材制造商说,其董事会将成立一个由独立董事组成的特别委员会,考虑浦江国际集团有限公司的提议。浦江国际集团目前持有奥森约65.9%的股份。

The proposal represents a nearly 36% premium to Tuesday's closing price of $3.68 for Ossen ADSs.

该提议较奥森美国存托凭证周二收盘价3.68美元溢价近36%。

Write to Colin Kellaher at colin.kellaher@wsj.com

写信给Colin Kellaher,电子邮件:colin.kellaher@wsj.com

(END) Dow Jones Newswires

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September 16, 2020 08:35 ET (12:35 GMT)

2020年9月16日东部时间08:35(格林尼治标准时间12:35)

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