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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
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.
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.
2d
on MSN
Anheuser-Busch InBev loses control of its joint venture in Russia
Anheuser-Busch InBev SA/NV (BUD) lost control of its relatively new joint venture in Russia after President Vladimir Putin ...
Upstream
7h
‘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 ...
AviationPros
1h
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
on MSN
India's Adani Group to sell stake in joint venture to Wilmar for $1.4 billion
The Adani Group will sell its stake in consumer goods firm Adani Wilmar to joint venture partner Wilmar International for 123 ...
2d
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 ...
13d
Israel Aerospace Plans Vietnam Joint Venture, Tech Transfers
Israel Aerospace Industries Ltd. is looking to forge a joint venture with a Vietnamese company in 2025 that would include ...
3d
India's Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bln deal
The Adani Group will sell its stake in consumer goods firm Adani Wilmar to joint venture partner Wilmar International for 123 ...
7d
Shinsegae’s E-Mart Discount Chain And Alibaba To Form Korean Joint Venture
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
The Independent Singapore
2d
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 ...
Yahoo
7d
Alibaba Plans E-Commerce Joint Venture With South Korea's E-Mart
Chinese e-commerce giant Alibaba will form a
joint
-
venture
online shopping operation with South Korean retailer E-Mart.
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
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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