TPG PRC investee ShangPharma targets listing on NYSE
ShangPharma Corp., a PRC company offering R&D outsourcing services for the pharma and biotech markets, and invested by TPG Capital, has filed for an IPO on the NYSE.
The IPO plan is to offer 5.8 million American depository shares (ADSs) in a $14.50-16.50 per share pricing range, raising up to $110 million. Citigroup and JPMorgan have been appointed as co-lead underwriters....
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