Mindray's 3.3 billion privatization plan was officially delisted in March

On February 26, Mindray held a general meeting of shareholders on the privatization plan and finally passed it. According to the decision, Mindray will be privatized in March and officially withdraw from the New York Stock Exchange.

Mindray's 3.3 billion privatization plan was approved and officially delisted in March

Previously, in June 2015, Mindray’s two co-CEOs, Li Xiting and Cheng Ming and Mindray Chairman Xu Hang, had offered $30 per share for a total price of $3.5 billion to privatize Mindray. After that, the three men lowered their offer to $27 per share for a total of $3.15 billion. In November 2015, the parties finally agreed to set the price at 28 US dollars per share, totaling about 3.3 billion US dollars.

As of the close of the 26th, Mindray's share price was 27.85 US dollars, up 0.32%.

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