Chinese medicine retailer Eu Yan Sang gets buyout offer from Temasek-backed group

Temasek brand logo (from its social media page)

By Joyce Koh

May 16, 2016

Eu Yan Sang International Ltd. has received a takeover bid from a group that includes a unit of Singapore state investment company Temasek Holdings Pte, valuing the retailer of traditional Chinese medicines such as bird’s nest soup and ginseng capsules at about S$269 million ($196 million).

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