Mitsui and Rohto to buy $594 million Chinese medicines company Eu Yan Sang

South Shore school lunch program setting the standard | SaltWire #school #lunch #educationSINGAPORE - Japan's Mitsui & Co said on Thursday it had teamed up with Rohto Pharmaceutical Co to buy Eu Yan Sang International in a deal valuing the Singapore-based traditional Chinese medicines firm at S$800 million .

Following the deal, a takeover bid for the remaining 14% of Eu Yan Sang will be made, while the founding family of Eu Yan Sang will reinvest partially into the Misui-Rohto special purpose company, Mitsui added. Founded in 1879, Eu Yan Sang operates over 170 retail outlets and 30 clinics in Singapore, Hong Kong, and Malaysia, according to Mitsui's statement.

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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ذریعہ: CP24 - 🏆 30. / 67 مزید پڑھ »