Chinese pharmaceutical company is privatised in precedent-setting deal

    April 21, 2011 | BY

    Candice Mak

    Tongjitang Chinese Medicines Company (Tongjitang) has been acquired by way of merger by Hanmax Investment (Hanmax), Fosun Industrial (Fosun) and Tonsun…

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    Tongjitang Chinese Medicines Company (Tongjitang) has been acquired by way of merger by Hanmax Investment (Hanmax), Fosun Industrial (Fosun) and Tonsun International Company (Tonsun). Tongjitang is a PRC pharmaceutical company