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