Top 9 US-listed Chinese companies going private
Updated: 2015-06-16 06:46
8. Xueda Education
New York-listed tutor service provider Xueda Education Group announced on April 20 that it had received a preliminary buyout bid from Insight Investment Co.
In the proposal letter, the Shenzhen-listed Insight Investment indicated its interest to acquire all of the company's outstanding shares, making Xueda another Chinese company that likely to pull out of the US stock market.
A student stands besides an advertisement of Xueda Education in Shanghai, Nov 4, 2010. [Photo/IC]