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Fuan Pharma to acquire Yantai Justware Pharma for 1.5 bln yuan
Monday, December 21, 2015
Fuan Pharmaceutical Group Co Ltd says to acquire Yantai Justaware Pharmaceutical for 1.5 billion yuan ($231.48 million) via cash and share issue.
Says plans private placement of shares to raise up to 740 million yuan to help fund acquisition.
reuters.com