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Blackstone Pours $400M Into Chinese Pharma Co.

By Matthew Guarnaccia (August 15, 2018, 5:19 PM EDT) -- Blackstone Group LP has agreed to invest $400 million in Hong Kong-listed YiChang HEC ChangJiang Pharmaceutical Co. as the drug company looks to acquire new drugs and other products and the investment firm ramps up its investment activities in Asia....

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