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Stock Market & Financial Investment News

News Breaks
March 12, 2013
07:46 EDTSCRSimcere announces special committee's engagement of legal counsel
Simcere announced that its Special Committee of the Board of Directors, which was formed to consider a proposal by Jinsheng Ren, New Good Management Limited, Assure Ahead Investments Limited and its affiliates, pursuant to which the Buyer Group proposes to acquire all of the outstanding ordinary shares of the company not currently owned by the Buyer Group, and any potential alternative transactions involving the Company, has retained Shearman & Sterling LLP as its legal counsel and is in the process of engaging an independent financial advisor to assist it in its work. No decisions have been made by the Special Committee with respect to the company's response to the proposed transaction.
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June 14, 2013
08:02 EDTSCRBristol-Myers, Simcere enter Orencia pact for China
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