AstraZeneca ‘mulling split from Chinese business amid rising tensions’

📆 19/06/2023 21:50:00

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Drugs giant hopes to be better protected against political reprisals from Beijing against foreign companies

📆 19/06/2023 21:50:00
📰 businessposthq

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AstraZeneca is looking at plans to spin off its Chinese businesses to protect it from geopolitical tension, according to a report.

Citing people familiar with the situation, the Financial Times said the British-Swedish drugs giant has been in talks with bankers for several months.The plan would separate Astra’s Chinese operations into a separate company whose shares would be ...

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