Were Hedge Funds Right About Eagle Pharmaceuticals Inc (EGRX)? insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
DCP Capital in talks to acquire Chinese maternity hospital chain
A doctor stands in the hallway of a hospital ward. Photo: Pixabay
March 5, 2021
Beijing-based private equity firm DCP Capital Partners is in talks to acquire one of the leading maternity and pediatric care hospital chains in China, according to people familiar with the matter.
American-Sino OB/GYN/Pediatrics Services, also known as Meihua Hospital, could be valued at about $400 million to $500 million in a sale, one of the people said.
Discussions are ongoing and may not lead to a transaction, the people said, asking not to be identified as the matter is private. A representative for DCP declined to comment. A representative for Meihua Hospital didn’t immediately respond to requests for comment.
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Alternate Ocean Proposes To Acquire Global Cord Blood For US$5.00/shr
BEIJING (dpa-AFX) - Global Cord Blood Corp. (CO) said that it has received a non-binding proposal letter from Alternate Ocean Investment Company Limited, a wholly-owned subsidiary of Haitong International Securities Group Limited, by which Alternate Ocean proposes to acquire all of the outstanding ordinary shares of the company for US$5.00 per ordinary share in cash.
Global Cord Blood said it will carefully review the unsolicited proposal to determine the course of action it believes is in the best interests of the Company and its shareholders and other stakeholders. Global Cord Blood shareholders need take no action at this time.
BEIJING (dpa-AFX) - Global Cord Blood Corporation (CO) said the company's Board and the board of Cordlife have mutually agreed to discontinue any further discussions regarding the Cordlife proposal.