Agricultural Chemicals M&A » By The Online Investor Staff, updated Fri., Apr. 19, 12:52 AM
Recent mergers and acquisitions in the Agricultural Chemicals M&A category.
| This Slide: #9 of 16 |
Slide #9. Yongye International, Inc — Full Alliance International Limited
Acquirer:
Yongye International, Inc (YONG)
Acquiree:
Full Alliance International Limited
Details:
Yongye International, Inc. (NASDAQ: YONG) ("Yongye" or the "Company"), a leading developer, manufacturer and distributor of crop nutrient products in China, today announced that the Company has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Full Alliance International Limited ("Holdco"), a British Virgin Islands company, Yongye International Limited ("Parent"), a Cayman Islands exempted company with limited liability, and Yongye International Merger Sub Limited, a Nevada corporation and a wholly-owned, direct subsidiary of Parent ("Merger Sub").
Yongye International is a holding company. Through its subsidiaries, Co. is primarily engaged in the research, development, manufacturing and sales of fulvic acid based crop and animal nutrient products for the agriculture and stock farming industry in China. Co.'s key product is liquid crop nutrient product, which consists of its fulvic acid compound base and nutrients, and can be applied to various types of crops by spraying the liquid product directly on the crops after dilution with water. Co. also produces powder animal nutrient product, which consists of its fulvic acid compound base and additional nutrients and Chinese herbs that reduce inflammation and is mainly used for dairy cows.
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