China Cord Blood Buys into 4th Cord Blood Center
September 15, 2010 at 15:34 PM EDT
China Cord Blood Corporation said it has signed a “framework agreement” that will eventually culminate with CCBC owning a 90% interest in the Zhejiang Provincial Blood Center. CCBC will invest 45 million RMB ($6.6 million) in the venture, while the center will contribute its license and physical assets. More details.... Stock Symbol: (NYSE: CO)
