Deal gives the China business $1.2 billion enterprise value Shanghai Pharma keen to expand network nationwide Cardinal Health put business up for sale due to rule changes U.S. private-equity firm Warburg Pincus among bidders-sources Shanghai ... ( read original story ...)
Cardinal Health Signs Definitive Agreement to Sell its China Business to Shanghai Pharma
DUBLIN, Ohio, Nov. 14, 2017 — Cardinal Health (NYSE: CAH) today announced that it has signed a definitive agreement to sell its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd. (“Shanghai Pharma”) for $1.2 billion. ( read original story ...)
Shanghai allows autonomous tests
He made the comments at the 2017 World Autonomous Vehicle Ecosystem Conference held on Nov 6 in Shanghai. "The development of intelligent and connected vehicles can improve transport efficiency and safety, while meeting energy-saving and emission-reduction ... ( read original story ...)
Norway helps accelerate startups in Shanghai
He added that Shanghai is also a financial hub, so we see increasingly Norwegian fin-tech companies attracted by the business environment choosing to build up here, which can challenge the existing traditional banking companies. Green shift The bilateral ... ( read original story ...)
Shanghai Disney harvests first-year success
The Shanghai Disney Resort reaped positive results during its first full fiscal year of operation, contradicting Dalian Wanda Group Chairman Wang Jianlin's prediction before the U.S. entertainment conglomerate's theme park opening that he would make Disney ... ( read original story ...)
Shanghai’s free port to focus on offshore trade
The new free port within the China (Shanghai) Pilot Free Trade Zone in Shanghai will ... and accelerate the development of offshore renminbi business. The free port is likely to reduce the corporate tax for companies registered within the area, it said. ( read original story ...)
Shanghai bourse planning more overseas alliances
The Shanghai Stock Exchange will deepen collaboration with overseas markets and remain more accessible to global investors, a top official said. Wu Qing, president of Shanghai Stock Exchange, said the moves are an indication of the bourse further opening ... ( read original story ...)