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Sanpower launching fund to buy cinemas
Chinese conglomerate Sanpower Group is launching a fund with a 3 billion yuan ($435 million) target that will be used to acquire up to 150 domestic cinemas in a bet on rapid growth in the country's movie market.
January19,2017
Sanpower buys prostate vaccine maker Dendreon
Jiangsu-based Sanpower has acquired Dendreon, a Seattle-based maker of the prostate cancer vaccine Provenge, from Canada's Valeant Pharmaceuticals International for $820 million.
January11,2017
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