NASDAQ-listed Chinese private medical service provider iKang Healthcare Group, Inc. has received a non-binding take-private proposal from the company's founder and China-focused private equity firm FountainVest Partners sixteen months after its U.S. float, according to a company announcement. Zhang Ligang, iKang's founder and chief executive officer, as well as FountainVest propose to acquire all of […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.