China Resources looks to take HK-listed Sihuan Pharma private at $3b valuation

China Resources looks to take HK-listed Sihuan Pharma private at $3b valuation

Photo: Sam Moghadam Khamseh/Unsplash.com

State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 billion, two people with knowledge of the matter said.

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