Third Chinese Company Announces Plans to Leave NY Stock Market

(Beijing) – Another Chinese company listed in New York says it is seeking to go private, following similar announcements by two other firms.

Mindray Medical International Ltd., a leading medical device and solutions provider, said on June 4 that its board received a proposal from three executives to take it private by offering investors US$ 30 per share. The price is a 9.2 percent premium on the June 3 closing price of US$ 27.47.