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Li Ka-Shing-Backed Hutchmed Sells Stake in Unit
Billionaire Li Ka-shing’s Hutchmed in $608 million health unit stake sales
Hutchmed (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around $608 million as the billionaire and his flagship conglomerate look to ramp up capital and pivot towards core operations at the drugmaker.
Li Ka-Shing-Backed Hutchmed Sells Stake in Unit for $608 Million
Biopharmaceutical firm Hutchmed China Ltd., backed by Hong Kong billionaire Li Ka-shing, saw its shares rally on Thursday morning after announcing it will divest shares in a joint venture for about $608 million to sharpen focus on its core business of developing novel cancer therapies.
Billionaire Li Ka-Shing’s Drug Maker Hutchmed Sells $608 Million Stake In Cardiovascular Joint Venture
Hutchmed, a biopharmaceutical company controlled by Hong Kong’s wealthiest person Li Ka-shing, is divesting a 45% stake in a cardiovascular joint venture for about
24/7 Wall St. on MSN
27m
Billionaire David Tepper’s Big China Bet With These 2 Stocks
The biggest trend in the stock market over the past two years has been artificial intelligence, and it has a tremendous ...
1d
12 US billionaires gained almost $1 trillion in wealth in 2024 as the stock market delivered another year of massive returns
Elon Musk saw the biggest gain in wealth this year, with the Tesla CEO adding a staggering $213 billion to his net worth.
The Economist
23h
The other billionaire space company
SpaceX’s Starship and Falcon Heavy vehicles, and NASA ’s Space Launch System —produce more thrust. New Glenn is designed to ...
4d
Billionaire Philippe Laffont Is Selling Artificial Intelligence Champion Nvidia and Piling Into These Two Industry Leaders
Following billionaire investors isn't as difficult as you might imagine thanks to quarterly reporting required by the ...
2d
Is billionaire Ellison part of $37M shopping plaza buy near his resort near Palm Beach?
Near Palm Beach, a shopping plaza has sold for $37 million, across from billionaire Larry Ellison's recently purchased ...
Soap Central on MSN
2h
How did Jocelyn Wildenstein lose her fortune? Financial struggles explored as once billionaire socialite dies
Swiss socialite Jocelyn Wildenstein, who was known as Catwoman for her frequent face surgeries to get a feline appearance, passed away on New Year's Eve at 84.
Truthout
2d
Billionaire Wealth Soared in 2024. So Did Child Hunger.
Roughly 35 kids were born into hunger every minute this year as billionaire wealth reached a record $14 trillion.
AOL
2d
Billionaire Bill Ackman says he expects Trump to privatize the nation’s two largest government-owned lenders
Hedge fund
billionaire
Bill Ackman has said he expects Donald Trump to privatize two of the nation’s biggest ...
1d
on MSN
Home Alone's Director Finally Opens Up About What Happened With Donald Trump's Cameo Years After The Billionaire Said The Movie 'Begged' Him To Do It
Production on Home Alone 2 hinged in part on the memorable cameo. When you purchase through links on our site, we may earn an ...
4d
on MSN
Charles Dolan, Billionaire TV Pioneer Who Founded HBO, AMC and Cablevision, Dies at 98: 'His Legacy Will Live on'
Per CNN, Dolan was also a founder and chairman emeritus of The Lustgarten Foundation, which conducts pancreatic cancer ...
5d
on MSN
A year in wealth: The biggest billionaire winners and losers of 2024
Tech billionaires like Elon Musk and Jeff Bezos saw their fortunes soar in 2024, while the net worths of retail titans like ...
24/7 Wall St. on MSN
2h
Billionaire Glenn Greenberg’s Brave Warrior Advisors Makes Significant Investment in Ryanair While Reducing Financial Holdings
For those unfamiliar with Glenn Greenberg, the billionaire co-founded Chieftain Capital in 1984 with John Shapiro. In 2009, ...
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