WebSep 14, 2024 · Harbin’s interest in GNC had already been cleared by CFIUS review in 2024 when the Chinese pharmaceutical company became the supplement player’s majority stakeholder. WebAug 20, 2024 · Aug 20, 2024. A Delaware bankruptcy court has approved Downtown-based GNC Holdings Inc. (NYSE: GNC) entering into a stalking horse agreement with its biggest shareholder, Harbin Pharmaceutical ...
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WebOct 14, 2024 · Less than four months after GNC Holdings Inc. filed for Chapter 11 protection in bankruptcy court, the company has sold itself … WebAug 20, 2024 · Harbin Pharmaceutical Group Holding Co. Ltd. is an affiliate of Harbin Pharmaceutical Group, a Chinese company that in 2024 formed a partnership with GNC Holdings Inc. and become its biggest shareholder. Harbin invested $300 million in GNC in exchange for the right to make, market and sell GNC-branded products in China. nthl015n065sc1
GNC and Harbin Pharmaceutical Announce $300 Million Strategic …
WebAug 10, 2024 · Harbin Pharmaceutical, a Chinese company that is GNC Holding Inc.'s largest shareholder, has agreed to buy the global supplements company for $550 million … Harbin Pharmaceutical Group Co., Ltd. (shortened to HPGC or Hayao) is a Chinese partially state-owned company engaged in the research & development, manufacture, and sale of pharmaceutical products. HPGC medication offerings include traditional Chinese medicine (TCM) and biopharmaceuticals; its main offerings include antibiotics, including amoxicillin and penicillin, and dietary supplements, including zinc gluconate and calcium gluconate. WebGNC Holdings, Inc. (NYSE: GNC) (the “Company”) today announced it has reached an agreement regarding a strategic partnership and China joint venture agreement with Harbin Pharmaceutical Group Holding Co., Ltd … nike store the woodlands tx