China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Warburg Cuts Chinese Pharma Firm Stake With Hefty Windfall
Aggregated Source: China Money Network
Private equity firm Warburg Pincus has trimmed its stake in NASDAQ-listed China Biologic Products again, selling a 16% stake for US$425.7 million, according to a company announcement. Warburg Pincus Private Equity X, L.P. and Warburg Pincus X Partners, L.P. sold 3.87 million shares at US$110 per share. The private equity giant is now left with […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network