Kunming Pharma, Ping An PE launch healthcare M&A fund
Shanghai-listed Kunming Pharmaceutical Corp. has partnered with a direct investment arm of Ping An Securities to set up a healthcare-focused M&A fund, with a target of RMB500 million ($80 million).
According to a regulatory filing, Kunming Pharma and its executives will commit RMB100 million to the Pharmaceutical Industry M&A Fund. Ping An Caizhi Investment Management, the direct investment arm,...
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