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China Health Resource, a TCM Maker, Ready to Start M&A Hunt

publication date: Dec 28, 2011
China Health Resource, a TCM company, has retained a legal counsel (Loeb & Loeb LLP) to facilitate an acquisition strategy, which China Health announced last month. China Health, all of whose operations are currently in the PRC, wants to increase its revenues and profits by selling its TCM products to Europe and the US. It is, apparently, looking to buy marketing/distribution companies that will advance its “Going Global” initiative. However, the company does not have much money to finance any deals. More details....

Stock Symbol: (OTCBB: CHRI)

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