Pou Chen Corp. has cancelled a plan to take Pou...

2018-04-12T00:00:00

Pou Chen Corp. has cancelled a plan to take Pou Sheng International private in a deal that values the Chinese distribution and retail company at $1.4 billion due to opposition by its shareholders. Under the original plan, Pou Chen's subsidiary, Yue Yuen Industrial (Holdings), would have sold its 62 percent ...

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