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JD Capital To Take Control Of Chinese Traditional Medicine Maker For $42M
Aggregated Source: China Money Network
Beijing-headquartered Chinese private equity firm JD Capital has agreed to invest RMB260 million (US$42.3 million) in exchange for a 60% stake of Baoding Traditional Chinese Medicine Co., Ltd., according to Chinese media reports. JD Capital plans to improve the operations of the company and seek a public listing in a few years. Healthcare companies take […]


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