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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
3h
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 ...
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 ...
Truthout
3d
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.
The Economist
1d
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 ...
24/7 Wall St on MSN
1d
Dave Ramsey gets real and shares that there is a vast difference between a billionaire and millionaire
Becoming a millionaire is something many people aspire to, but it doesn’t necessarily make you super rich. As finance expert ...
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 ...
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 ...
Soap Central on MSN
6h
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.
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 ...
4d
How Daily Border Crossings Helped Turn This Mexican American Into A Billionaire
Fernando De Leon is breaking boundaries as an immigrant billionaire—though he feels “prickly” about demographic labels: “The ...
Cowboy State Daily
2d
Fans Say White Pine Unchanged So Far In First Season Under Billionaire Ricketts
When billionaire Joe Ricketts bought White Pine Resort near Pinedale, Wyoming, people speculated the goal was to turn it into ...
24/7 Wall St. on MSN
6h
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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