SHANGHAI -- Chinese drugmaker Fosun Pharmaceutical Group has agreed to sell its stake in a hospital group to U.S. private equity firm Warburg Pincus for $124.08 million.
Health Care
Fosun Pharma to sell $124m stake in hospital chain to Warburg Pincus
Deal with U.S. fund lets Chinese company focus on drug development
United Family Healthcare is a private hospital group in China serving over 1 million patients yearly. (Photo by Nikkei)
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