BOQI International Medical Inc. to Sell One of Its Pharmacy Chain
BOQI International Medical Inc. to Sell One of Its Pharmacy Chain BOQI International Medical Inc. to Sell One of Its Pharmacy Chain New York, Dec. 14, 2020 — BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced that it has signed definitive agreements to sell BOQI Zhengji Pharmacy Chain Co., Ltd. (“Zhengji Pharmacy”), the owner and operator of 16 pharmacies in the city of Dalian of China. On December 11, 2020, BIMI and its subsidiaries entered into a Termination and Release Agreement (the “Release Agreement”) with four individuals who sold...
Source: globalbankingandfinance.com