
PE-backed Jintian Pharmaceutical eyes $273m HK IPO
Jintian Pharmaceutical Group, a Chinese pharmaceutical retailer and distributor backed by CVC Capital Partners and SEAVI Advent Private Equity, is seeking to raise as much as $273 million through an IPO in Hong Kong.
Jintian Pharmaceutical, previously known as Asia Health Century International (AHCI), plans to sell 500 million shares at HK$2.91-4.23 apiece, according to a term sheet cited by IFR Asia. Founded in...
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