China Digest: BSBE, National Pharmaceutical to buy MXB; Fosun backs Mingxun

China Digest: BSBE, National Pharmaceutical to buy MXB; Fosun backs Mingxun

BSBE has teamed up with National Pharmaceutical Investment to acquire MXB for $371 million. In a separate development, new material company Mingxun Hi-Tech Material Joint-Stock has raised ‘tens of millions of US dollars’ in a new funding round from Fosun, Addor Capital and Cowin Capital.

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