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Jianzhijia Health-Chain to Purchase Local Drug Retailer for $23.5 Million
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Yunnan Jianzhijia Health-Chain Co, Ltd (SHA: 605266), a Chinese healthcare company, has announced plans to fully acquire Chongqing Hongrui Lebang Renjia Pharmacy Chain Co., Ltd for a consideration of RMB 167.8 million (USD 23.5 million). With this acquisition, Hongrui Lebang, a local drug retailer operating 190 drugstores, will become a…
