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Sinopharm offers to take China-TCM private in nearly US$3 billion deal

Sinopharm offers to take China-TCM private in nearly US$3 billion deal
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Hong Kong , Xinyao Criss Wang , China Traditional Chinese Medicine Holdings , China National , National Pharmaceutical , Haier Electronic ,

Sinopharm offers to take China-TCM private in nearly $3 bln deal

Sinopharm, the parent of China
Traditional Chinese Medicine Holdings, has revived a
take-private bid for the Hong-Kong-listed drugmaker, valuing it
at HK$23.16 billion , the companies said. ....

Hong Kong , Rishav Chatterjee , Arun Koyyur , China Traditional Chinese Medicine Holdings , China National , National Pharmaceutical ,

Sinopharm-led consortium offers to take HK-listed China-TCM private in $3b deal

Sinopharm already holds a 32.46% stake in China-TCM and has offered to pay HK$4.6 per share in cash to buyout the drugmaker. ....

Hong Kong , Xinyao Criss Wang , China Traditional Chinese Medicine Holdings , China National , Hong Kong Listed , National Pharmaceutical , Haier Electronic ,