Albedo to acquire majority stake in Taiwan firm
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Singapore
STEEL trader Albedo Limited said it has agreed to acquire a majority stake in a Taiwanese aesthetic medicine group.
Under a conditional sale and purchase agreement inked on Thursday, Albedo agreed to buy a 51 per cent stake in China iMyth Company Pte Ltd from China Medical Investments Company Pte Limited (CMIC) for S$18.9 million.
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