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Shijiazhuang Pharma Bought by Legend, Goldman Sachs

publication date: Jun 19, 2007
Acquisitions in the Future -- As expected, a group affiliated with Legend Holdings will acquire Shijiazhuang Pharmaceutical Group (SPG), the sixth-largest pharmaceutical company in China. SPG, which is currently state-owned, will be bought by H Fund, a $580-million private equity fund led by Legend Holdings and Goldman Sachs. These two heavyweights are joined by 24 additional international and domestic investors. More details...


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