August 8, 2013 / 12:56 PM / 5 years ago

Herbalife gets license to sell in more parts of China

The Herbalife logo is seen on a building housing some of their offices in downtown Los Angeles, California April 28, 2013. REUTERS/Lucy Nicholson

(Reuters) - Herbalife Ltd (HLF.N) said on Thursday that China has granted it a license to conduct its direct-selling business in Yunnan province.

Shares of the company, which has been in the crosshairs of a battle between hedge fund titans William Ackman and Carl Icahn, were up 2 percent at $66.35 in premarket trade.

Reporting by Martinne Geller in New York; Editing by Gerald E. McCormick

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