Xu Shihui, the billionaire chairman and chief executive of Dali Foods Group Co., won shareholder approval for a $6.5 billion takeover of the company, and Thursday was the last trading session for the Chinese food giant's shares, which debuted on scholarship eight years ago, according to forbes.com.
Xu Shihui, the billionaire chairman and chief executive of Dali Foods, has received shareholders’ approval to privatize the $6.5 billion company, with today…
L’Occitane’s largest controlling shareholder, billionaire and chairman Reinold Geiger, is apparently about to take the famous beauty brand private for $6.5 billion.