Announced
Completed
Financials
Tags
Completed
Privatisation
Acquisition
Investment Banking
China
Mbo
Single Bidder
Friendly
investment and trading services
Majority
Public
Private Equity
Synopsis
Yinke Merger, a vehicle owned by Yintech management, completed the merger with Yintech Investment Holdings, a provider of investment and trading services for individual investors in China in a $540m deal. As a result of the merger, Yintech ceased to be a publicly traded company and became a wholly owned subsidiary of Yinke Merger, which was led by Yintech co-founders Wenbin Chen, Ming Yan and Ningfeng Chen.
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