FountainVest, Primavera snag 25% EQT stake in China's LBX Pharmacy

FountainVest, Primavera snag 25% EQT stake in China's LBX Pharmacy

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

A consortium comprising Asia-focused private equity firm FountainVest Partners and China-based global investment firm Primavera Capital Group has acquired 24.78 per cent stake in Shanghai-listed LBX Pharmacy from EQT Greater China II Fund, according to a statement. 

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