Companies

Huadong Medicine Co makes approach to acquire Sinclair Pharmaplc

​BEIJING
2018-07-09 09:20

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Huadong Medicine Co (000963.SZ) announced on Friday that it is in talk with Sinclair Pharmaplc Co., a UK-based aesthetic and medical company, regarding a possible takeover, the Xinhua-run Shanghai Securities News reported.

The company said that the offer is likely to be made in cash.

According to the announcement, discussions still were at the “ very early stage” and there was no certainty an offer will be made.
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