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 19/11/2009
[Industry news]
Shanghai Fosun acquires 11% stake in Chindex International
Shanghai Fosun Pharmaceutical announced November 17 that it has acquired an 11% stake in Chindex International for USD 22 million through Fosun\'s subsidiary, Fosun Industrial Company,
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Shanghai Fosun Pharmaceutical announced November 17 that it has acquired an 11% stake in Chindex International for USD 22 million through Fosun\'s subsidiary, Fosun Industrial Company, the Oriental Morning Post reported.
Established in 1981, Chindex International provides healthcare services and medical equipment to China, including Hong Kong. The company also operates the private hospital and clinic chain, United Family Hospitals, in China. According to the report, Chindex plans to establish new private hospitals in Nanjing, Tianjin, Dalian, Qingdao, and Chengdu. |
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