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Temasek unit pares stakes in S Korean pharma firms for as much as S$1.36b
Published Wed, Mar 7, 2018 · 09:50 PM
Singapore
TEMASEK Holdings' unit Ion Investments on Wednesday said it is paring its stakes in two South Korean pharmaceutical companies but will remain a substantial shareholder in both.
Earlier on Tuesday, IFR reported that Ion is selling part of its stakes in Celltrion Inc, and the distributor of its products Celltrion Healthcare.
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