Monday, March 28, 2016

Sinochem unit offers to buy 30.1% stake in Halcyon Agri at 75 cents/share

Sinochem International Corp says a unit has offered to buy a 30.1% stake in Halcyon Agri Corp at 75 cents per share for at least $240 million, according to Reuters.

The offer price is 2.7% higher than its last traded price of 73 cents before its trading halt.

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