HALISTER: Air Products Says Not in Best Interest to Pursue Yingde Deal

Air Products Says Not in Best Interest to Pursue Yingde Deal

(Bloomberg) -- Air Products determined it is not in the best interests of Air Products’ shareholders to continue to pursue an acquisition of Yingde Gases at this time.
  • APD deadline for new Yingde bid had been April 10
  • NOTE: March 8, Yingde Investors Oust Chairman Zhao in End to Battle for Control
    • Jan. 20, Yingde Gases Jumps 25% After Air Products Offers HK$5.5/Share

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
APD US (Air Products & Chemicals Inc)
2168 HK (Yingde Gases Group Co Ltd)

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UUID: 7947283