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Page 3 - Fosun Pharmaceutical

Shanghai Fosun seals Gland Pharma deal

Chinese firm buys Hyderabad-based injectables maker at $1.46 bn valuation; promoter family retains 10%; KKR exit earns it threefold return in 30 months

Shanghai Fosun seals Gland Pharma deal
Updated On : 29 Jul 2016 | 1:43 AM IST

China's Fosun to buy Gland Pharma for $1.26 billion

Will acquire 86% stake in KKR-backed Indian firm, signs definitive agreement for the largest acquisition of an Indian company by a Chinese firm

China's Fosun to buy Gland Pharma for $1.26 billion
Updated On : 28 Jul 2016 | 8:23 PM IST

Fosun to buy KKR-backed Indian drugmaker for up to $1.3 bn

The largest inbound acquisition of an Indian company from abroad this year

Fosun to buy KKR-backed Indian drugmaker for up to $1.3 bn
Updated On : 28 Jul 2016 | 7:59 PM IST

Shanghai Fosun Pharma halts share trading

Trading halt assumes significance in the backdrop of Fosun's bid to acquire Gland Pharma

Shanghai Fosun Pharma halts share trading
Updated On : 28 Jul 2016 | 12:11 PM IST

China's Fosun to sign agreement for $1.4 billion Gland Pharma buy: Report

In May, Shanghai Fosun had made a non-binding proposal to buy Gland Pharma

China's Fosun to sign agreement for $1.4 billion Gland Pharma buy: Report
Updated On : 27 Jul 2016 | 1:04 PM IST