Nanjing Pharmaceutical: Plans to invest no more than 450 million yuan to establish a dedicated acquisition fund to acquire equity in Daqing Biological and Kejian Technology

Mars Finance News, May 21 — Nanjing Pharmaceutical announced that the company plans to invest no more than 450 million yuan, jointly investing with New Industry Investment and New Industry Medical M&A Fund to establish the DaQing M&A Fund.
After the fund's establishment, it will be specifically used to acquire a 44.95% stake in DaQing Biotech and a 50.98% stake in Kejian Technology, with a total acquisition amount of 747 million yuan.
After the transaction is completed, DaQing M&A Fund, DaQing Biotech, and Kejian Technology will be included in the company's consolidated financial statements. (Company Announcement)
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SushiLatency
· 1h ago
Pharmaceutical distribution companies extend upstream to biopharmaceuticals, logical and coherent
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Mirror-FinishTeacupWith
· 1h ago
450 million in own funds leveraged, with the remaining fundraising pressure handed over to the fund
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LintCollector
· 3h ago
747 million to acquire controlling stakes in two companies; the valuation isn't considered expensive
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GateUser-9076f8b9
· 3h ago
How are the tax and risk control aspects designed for special fund mergers and acquisitions? I'm a bit curious.
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OvernightPositionPhobia
· 3h ago
After the consolidation, there is quite a bit of pressure on performance.
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TransparentGlassFeather
· 3h ago
Daqing Biology + Kejian Technology, looking at the name it seems to be in the biopharmaceutical sector
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NarrativeCartographer
· 3h ago
Nanjing Pharmaceutical is planning to transform into a medical investment platform?
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GateUser-fb035825
· 3h ago
Traditional pharmaceutical companies are starting to play with merger and acquisition funds, leveraging 450 million to mobilize 747 million, using leverage quite skillfully.
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