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Ossen Innovation Gets Buyout Proposal From Majority Holder Pujiang

Ossen Innovation Gets Buyout Proposal From Majority Holder Pujiang

奧森創新公司從大股東浦江獲得收購要約
Dow Jones Newswires ·  2020/09/16 08:35

DJ Ossen Innovation Gets Buyout Proposal From Majority Holder Pujiang

DJ Ossen Innovation獲得大股東浦江的收購要約

By Colin Kellaher

科林·凱萊赫(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.

奧斯森創新公司(Ossen Innovation Co.)週三説,它收到了多數股東提出的一份不具約束力的提議,以每股美國存托股票5美元的現金收購該公司剩餘股份。

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.

這家上海塗層鋼材製造商説,其董事會將成立一個由獨立董事組成的特別委員會,考慮浦江國際集團有限公司的提議。浦江國際集團目前持有奧森約65.9%的股份。

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

該提議較奧森美國存託憑證週二收盤價3.68美元溢價近36%。

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

寫信給Colin Kellaher,電子郵件: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日東部時間08:35(格林尼治標準時間12:35)

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