CITIC PE considers Biosensors acquisition – update
CITIC Private Equity has held talks about potentially increasing its stake in Singapore-listed portfolio company Biosensors International, the medical device maker said on Wednesday.
The announcement follows a Bloomberg report that the private equity firm is looking to buy full control of the firm. CITIC PE bought a 21.7% stake in Biosensors from Hong Kong-listed Shandong Weigao Group...
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