CJ to sell healthcare unit, ditching pharma business

Published: 5/11/2017
CJ to sell healthcare unit, ditching pharma business
Source: WWW.KOREAHERALD.COM

CJ Group is looking to sell off its pharmaceutical unit CJ Healthcare in what market watchers perceive is a strategic move to part with less-profitable businesses and concentrate investment into more promising sectors.CJ CheilJedang, which owns a 100 percent stake in CJ Healthcare, announced Friday that it is “internally reviewing plans to sell its shares in CJ Healthcare, but nothing has been dec

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