Announced
Financials
Tags
Biotechnology
Acquisition
Public
biotechnology company
Single Bidder
Friendly
Privatisation
Private Equity
China
Pending
Synopsis
CITIC Capital offered to take China Biologic, a fully integrated plasma-based biopharmaceutical company in China, private for $4.6bn. "We believe that the Acquisition will provide superior value to the Company's shareholders. We expect that the Company's Board of Directors will establish a special committee comprised of independent and disinterested directors of the Company," CITIC Capital.
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