Drug Retailers

WELCIA HOLDINGS to acquire stake in China-based joint venture

WELCIA HOLDINGS CO., LTD:To acquire 14.4 pct stake in a Shanghai-based joint venture, which is engaged in operation of drug stores, from a Shanghai-based commercial company, by Dec. 31.To hold 53.4 pct stake in the joint venture up from 39 pct.The transaction needs approval from China agencies.

Wednesday, 15 Oct 2014 02:00am EDT

Restructuring & Reorganization


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