Yingde Gases has issued a response to Air Products’ public rebuttal of the Chinese company’s previous disclosures in ongoing takeover discussions.
The war of words between the parties has escalated after Yingde’s Board of Directors issued a similar open letter back to the Tier One player stating that it was not “supportive of any attempt to rush the company’s shareholders into a transaction which would see a sale of the company ‘on the cheap’.”
Yingde also claimed Air Products was “missing an opportunity to potentially execute a transaction swiftly.”
... to continue reading you must be subscribed
