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Chi-Med Ups Ownership of Hutchison Healthcare JV to 100%

publication date: Oct 28, 2009

Chi-Med has struck a deal to buy the remaining 15% of outside ownership in its Hutchison Healthcare Limited joint venture, one of the three JVs that comprise Chi-Med's China Healthcare Division. The transaction was not a major one: Chi-Med will pay just 4.2 million RMB ($.6 million) to bring HHL entirely in-house. More details...

Stock Symbol: (AIM: CHM)



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