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Fosun Pharmaceutical Invests USD 65 Mln Stake in Online Health Firm Guahao

Fosun, 11/30/15

Shanghai-based pharmaceuticals maker, distributor, and retailer Fosun Pharma (600196.SH; 2196.HK) has announced that its wholly-owned subsidiary Regal Gesture plans to acquire 39.66 mln shares of preferred stock in the Hangzhou-based operator of online hospital appointment-booking website Guahao for USD 65 mln, representing a 9.73% stake. Read More