News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Citic Private Equity Rumored To Take Biosensors International Private


2/18/2014 1:26:08 PM

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

by Richard Daverman, PhD

February 18, 2014 -- According to reports, Citic Private Equity Funds Management is seeking funds from China banks to buy Biosensors International Group, a China cardiovascular device company that is listed in Singapore. Its market capitalization is $1.2 billion. Citic Private Equity paid $312.2 million to buy a 22% stake in Biosensors last November from Shandong Weigao Group. Biosensors’ stock price has been trending lower. More details....

Help employers find you! Check out all the jobs and post your resume.

Read at ChinaBio Today

comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES