Astrazeneca ‘mulling split from China business amid rising tension’ ...Middle East

Daily Sun - News
Astrazeneca ‘mulling split from China business amid rising tension’
LONDON: AstraZeneca, London’s biggest listed company, is looking at plans to spin off its Chinese businesses to protect it from geopolitical tension, reported German news agency (dpa). Citing people familiar with the situation, the Financial Times said the British-Swedish drugs giant has been in talks with bankers for several months.When contacted by the PA news agency, AstraZeneca did not wish to comment on the report.The plan would separate Astra’s Chinese operations into a separate company whose shares would be traded on the Hong Kong or Shanghai stock exchanges.Astra would keep control over the business, the report said.It comes amid increasing geopolitical tension between Western countr

Hence then, the article about astrazeneca mulling split from china business amid rising tension was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Astrazeneca ‘mulling split from China business amid rising tension’ )

Apple Storegoogle play

Last updated :

Also on site :