China Biologic Products receives non-binding bid from investor group

China Biologic Products Holdings (NASDAQ:CBPO) has received a preliminary non-binding proposal from an investor group to acquire all of the outstanding shares not already owned by the group for $120/share in a “go private” transaction.

The board is considering the offer.

https://seekingalpha.com/news/3500294-china-biologic-products-receive-non-binding-bid-investor-group