China's Ming Yang in Pact for Going Private Amid Price Slump

  • Third Chinese clean-energy company planning to go private
  • Investor group, including CEO, offering to pay 24% premium

China Ming Yang Wind Power Group Ltd.agreed to be taken private for about $408 million by a group of investors including Chief Executive Officer Zhang Chuanwei, the third example in the past year of a major Chinese renewable energy company seeking to abandon its Wall Street listing. 

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