ABU DHABI/WAM The United Arab Emirates and the Republic of Mozambique have reviewed avenues to …
Read More »Fosun takes Gland Pharma bid to $1.1 billion
Bloomberg Shanghai Fosun Pharmaceutical Group Co. scaled back its proposed purchase of control in Indian drugmaker Gland Pharma Ltd. to a level that would allow it to avoid a government review of the biggest Chinese acquisition in India. Fosun Pharma, backed by Chinese billionaire Guo Guangchang, will now buy a 74 percent stake for $1.1 billion, according to a statement. …
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