Announced
Financials
Sources
Tags
Private
Cross Border
Acquisition
Cancer treatment centre
Single Bidder
Friendly
Majority
Singapore
Health Care Services
Failed
Synopsis
Fosun Pharma, a healthcare group in China, terminated the $158m acquisition of a 60% stake in OncoCare, a service provider of cancer treatment centers. Since the deal involved “a series of preliminary factors” that both parties could not fulfil before the due date on October 30, the two parties decided to terminate the transaction.
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