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Indebta > Markets > Stocks > AstraZeneca planning China business spin off -FT
Stocks

AstraZeneca planning China business spin off -FT

News Room
Last updated: 2023/06/18 at 4:26 PM
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© Reuters. FILE PHOTO: A company logo is seen at the AstraZeneca site in Macclesfield, Britain, May 11, 2021. REUTERS/Phil Noble/File Photo

(Reuters) – Drugmaker AstraZeneca (NASDAQ:) is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, the Financial Times reported on Sunday.

“A separation might not ultimately take place,” the report said, citing people familiar with the matter, with one of them saying listing the entity in Shanghai was also possible.

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News Room June 18, 2023 June 18, 2023
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