Stay updated with breaking news from Eu yan sang. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Singapore-based traditional Chinese medicine (TCM) company Eu Yan Sang International will be acquired by Japan's Mitsui and Rohto Pharmaceutical in a deal valued at S$800 million. ....
One of Singapore's oldest homegrown brands Eu Yan Sang will be acquired by Japan's Rohto Pharmaceutical and Mitsui & Co. The deal for the 144-year-old Traditional Chinese Medicine firm is valued at $800 million. Eu Yan Sang operates over 170 retail outlets and 30 TCM clinics, mainly in Singapore, Hong Kong and Malaysia ....
HONG KONG/SINGAPORE (Reuters) -Hillhouse and Japan's Mitsui & Co have emerged as final bidders vying for Singapore-headquartered traditional Chinese medicine chain Eu Yan Sang International, in a deal that could fetch over $700 million, two people with knowledge of the matter said. Eu Yan Sang's shareholders, led by Singapore-based asset manager Tower Capital Asia, will conduct management presentations with the bidders next week, said one of the sources. A third bidder is also in the mix to buy Eu Yan Sang, according to one of the sources and a third person familiar with the transaction, but Reuters could not verify the identity. ....
Managing director Ng Seow Ling was at the peak of her corporate career before deciding to pursue a new profession as a TCM physician. How did she do it? ....