WuXi Pharmatech wins endorsement for PE-backed take-private
The proposed privatization of WuXi PharmaTech, a China-based provider of contract R&D services to the global pharmaceutical sector, has won the support of two major shareholder proxy advisory firms.
Institutional Shareholder Services and Glass Lewis are recommending that shareholders in WuXi vote for an offer of $46.00 per American Depository Share (ADS) initially tabled by healthcare-focused PE firm...
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