Fosun Pharma Bids For KKR-Backed Gland Pharma For $1.5B

medicaleoreooreShanghai Fosun Pharmaceutical (Group) Co. has made a non-binding proposal to buy India's Gland Pharma, which is backed by global private equity giant KKR, the Chinese firm said in a disclosure filing. The deal, which is still in early stage and has not been agreed to by Gland Pharma, could be valued at up to […]

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Read the original article: China Money Network