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Category: BUSINESS

Posted on 31/12/2023

Grifols gains on plans to sell 20% of Shanghai RAAS stake to Haier

ADRs hit a 52-week high on Friday after the Spanish plasma therapeutics company announced an agreement to sell ~20% of its equity stake in Shanghai RAAS to Haier Group for about RMB 12.5B ($1.8B) in ... ( read original story ...)

Posted on 29/12/2023

Grifols shares soar after sale of 20% of Shanghai RAAS for $1.8 billion

Shares in Spanish pharma group Grifols soared on Friday after it agreed to sell a 20 per cent stake in China's Shanghai RAAS Blood Products for about $1.8 billion to Chinese home appliance company ... ( read original story ...)

Posted on 29/12/2023

Grifols sells 20% stake in Shanghai RAAS to Haier Group for $1.8 billion

Spanish pharma group Grifols said on Friday it had agreed to sell a 20 per cent stake in China's Shanghai RAAS Blood Products for approximately $1.8 billion to Chinese home appliance company Haier ... ( read original story ...)

Posted on 29/12/2023

Kenvue Shanghai: lighthouse pioneering digital transformation and value chain intelligence

Among these luminaries, Kenvue Shanghai emerges as a shining testament to digital transformation and value chain intelligence, securing a coveted position on the prestigious "Lighthouse Network" list ... ( read original story ...)

Posted on 27/12/2023

Tesla to roll out revamped Model Y from Shanghai plant – Bloomberg News

Electric vehicle maker Tesla Inc is preparing to launch a revamped version of its Model Y from its Shanghai plant, Bloomberg News reported on Tuesday, citing people familiar with the matter. ( read original story ...)

Posted on 27/12/2023

China Duty Free Group parent strikes “incrementally favourable” revised rental agreements for Beijing and Shanghai Pudong & Hongqiao airports

China Tourism Group Duty Free Chairman Wang Xuan says the new deals are “conducive to the sustainable and healthy development of the company’s airport duty free business” and consolidate its ... ( read original story ...)

Posted on 26/12/2023

Multinational companies’ expansion plans match Shanghai’s ‘five centers’ goal

Some of their latest moves include a life science center by Merck, MSC’s expansion in shipyards and ports, and localized applications demonstrated by ZEISS in its headquarters in Pudong New Area for ... ( read original story ...)

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