Eu Yan Sang , founded in 1879, now operates over 170 retail outlets in China, Hong Kong, Macau, Malaysia and Singapore.
Japanese trading house Mitsui & Co announced on April 4 that a special purpose entity it has set up with Rohto Pharmaceutical will buy around 86 per cent of Eu Yan Sang from Righteous Crane Holding. Once the deal is completed, a bid will be made to acquire the remaining 14 per cent of Eu Yan Sang, said Mitsui, which added that the Eu family will reinvest partially in the Mitsui-Rohto special purpose company.
Source: Digital Coin News (digitalcoinnews.net)
Eu Yan Sang Traditional Chinese Medicine Mitsui & Co Rohto Pharmaceutical Acquisition Investment
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: asiaonecom - 🏆 10. / 59 Read more »
Source: TODAYonline - 🏆 1. / 99 Read more »
Japanese diaper maker switches to adult market as births dipTOKYO – Japan’s plummeting birth rate has led a manufacturer of diapers to stop making them for babies in the country and instead ramp up production for adults, the company said on March 26. Oji Holdings will wrap up domestic output of infant diapers in September, after...
Source: thenewpaper - 🏆 7. / 63 Read more »
Source: thenewpaper - 🏆 7. / 63 Read more »