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Li Ka-Shing-Backed Hutchmed Sells Stake in Unit
Billionaire Li Ka-Shing’s Drug Maker Hutchmed Sells $608 Million Stake In Cardiovascular Joint Venture
Hutchmed, a biopharmaceutical company controlled by Hong Kong’s wealthiest person Li Ka-shing, is divesting a 45% stake in a cardiovascular joint venture for about
Billionaire Li Ka-shing’s Hutchmed in $608 million health unit stake sales
Hutchmed (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around $608 million as the billionaire and his flagship conglomerate look to ramp up capital and pivot towards core operations at the drugmaker.
Li Ka-Shing-Backed Hutchmed Sells Stake in Unit for $608 Million
Biopharmaceutical firm Hutchmed China Ltd., backed by Hong Kong billionaire Li Ka-shing, saw its shares rally on Thursday morning after announcing it will divest shares in a joint venture for about $608 million to sharpen focus on its core business of developing novel cancer therapies.
Li Ka-Shing’s HUTCHMED Shares Gain on Sale of Joint Venture Stake
Limited ($HK:0013), backed by Hong Kong billionaire Li Ka-Shing, gained nearly 4% today after it agreed to sell
Travel Agent
4h
Hyatt, Grupo Piñero Enter Long-Term Joint Venture
Hyatt Hotels has announced the completion of an agreement for affiliates of Hyatt and Grupo Piñero to enter a long-term, ...
3d
on MSN
Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 billion deal
India's Adani group will exit the consumer goods joint venture with Singapore's Wilmar International in a deal valued at $2 ...
Becker's Hospital Review
3h
Kaiser joint venture opens 1st PACE facility: 4 things to know
Discover Habitat Health's innovative PACE program for older adults in Sacramento, offering integrated healthcare, social activities, and more under one roof.
Upstream
12h
‘Selective and focused’: Wood sells out of joint venture
John Wood Group (Wood) has completed the sale of its majority stake in Ethos Energy Group, a joint venture focused on ...
3d
on MSN
Anheuser-Busch InBev loses control of its joint venture in Russia
Anheuser-Busch InBev loses control of joint venture in Russia amid geopolitical tensions, aiming to exit market with Turkish ...
AviationPros
6h
Plaza Premium Group Announces Joint Venture with Cairo Airport Company and Egypt Aviation Services at Cairo International Airport
Under this collaboration, PPG will manage, operate, and commercialize six lounges across various terminals at Cairo ...
3d
Adani Enterprises to Raise Over $2 Billion by Exiting Adani Wilmar Joint Venture
Adani Enterprises plans to raise over $2 billion by fully exiting its joint venture with Adani Wilmar. Read this article to ...
The Independent Singapore
3d
Indian conglomerate to exit $2 billion joint venture with Singapore-based company
SINGAPORE: India’s Adani Group has announced its decision to exit its consumer goods joint venture with Singapore-based ...
Swarajya
2d
Adani Group Exits FMCG Joint Venture With Wilmar In $2 Billion 'Fortune' Deal
Gautam Adani’s group announced its complete exit from Adani Wilmar Ltd (AWL) on Monday (30 December), selling its entire ...
3d
on MSN
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 billion deal
India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International in a $2 billion deal as ...
3d
Tampa company inks joint venture for Mexican mining project
The joint venture follows the end of a yearslong despite with the Mexican government over access to its offshore mineral ...
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