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Renhe Pharma Plans $140 Million Fund Raise for M&A

publication date: Mar 2, 2011
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Renhe Pharmacy has plans for a 50 million share private placement, priced at 18.36 RMB per share, which will bring in 918 million RMB ($139.7 million). Renhe, which makes and distributes OTC drugs, will use the money to buy stakes in four companies. More details....

Stock Symbol: (SHE: 000650)

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