HK's China Resources mulls $667m general offer for Jiangzhong Pharma

HK's China Resources mulls $667m general offer for Jiangzhong Pharma

Medical drugs in a pharmacy. Credit: Flickr/epSos .de

China Resources Pharmaceutical Group Ltd said on Monday it would make a 4.28 billion yuan ($667 million) general offer for all outstanding shares of Jiangzhong Pharmaceutical Co Ltd after a deal to buy control of its parent.

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