General Atlantic invests $100m in Chinese drug maker
General Atlantic has invested $100 million in NASDAQ-listed Chinese cancer drug developer Hutchison China MediTech - also known as Chi-Med - a subsidiary of Hong Kong conglomerate CK Hutchison Holdings.
The private equity firm subscribed to four million American Depository Shares (ADS) priced at $25 apiece, a 10.4% premium to the 30-day volume-weighted average, according to a filing. It has also been...
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