The race to buy Global Logistic Properties narrowed to between a Chinese consortium backed by the company's management and a rival group led by Warburg Pincus, sources said, as bidders submitted offers for the $10 billion-valued firm.
CytomX Therapeutics said today it will receive a $15 milestone payment from AbbVie for advancing a cancer-fighting Probody™–drug conjugate (PDC) being developed by the companies into Good Laboratory Practice ( GLP) toxicology studies toward...
China Vanke, the country's No.2 homebuilder by sales, is in talks to join a Chinese consortium led by Hopu Investment Management and Hillhouse Capital Group to bid for Global Logistic Properties, three sources said.
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