ShangPharma's Chairman Offers to Take the Company Private
The Chairman/Founder/CEO of ShangPharma Corporation, together with TPG Capital, has made an offer to take the company private at a price of between $8.50 and $9.50 per ADS. Yesterday, ShangPharma closed at $6.88 per ADS. The company, one of China’s largest pre-clinical CROs, made its IPO on the New York Stock Exchange in October 2010 at $15. It is headquartered in Shanghai’s Zhangjiang Hi-Tech Park. More details.... Stock Symbol: (NYSE: SHP) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});  
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