Ally Bridge backs $301m Luoxin Pharma take-private
Healthcare-focused PE investor Ally Bridge Group will support the HK$2.3 billion ($301 million) management-led take-private of Hong Kong-listed Shandong Luoxin Pharmacy Group.
According to a regulatory filing, Ally Bridge will join Giant Star HK, a vehicle set up in Hong Kong by Luoxin’s managers and the company’s existing PE investor GL Capital to handle the acquisition,...
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