Morgan Stanley Private Equity Asia (MSPEA) has agreed to partner with Hong Kong-listed Sihuan Pharmaceutical Holdings Group Ltd and Sihuan's chairman Dr. Che Fengsheng to acquire a 69.21% stake in Nanjing Jiangbei People’s Hospital (JB Hospital) for RMB409.3 million (US$66 million), according to a security filing. MSPEA Health, a special purpose vehicle set up by […]

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Shanghai-based Chinese conglomerate Fosun International Limited is poised to win a long bidding war to acquire French holiday firm Club Méditerranée at €24.60 per share, as rival Italian investor Andrea Bonomi’s Global Resorts says it will not raise price again, according to a company statement. Fosun International, owned by Chinese billionaire Guo Guangchang, sweetened its […]

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On trade, climate and arms control, 2015 will see fresh opportunities