Italian biomedical equipment maker Esaote S.p.A. announced that a consortium of Chinese investors, including Yunfeng Capital co-founded by Alibaba’s Jack Ma, have entered into definitive agreements to acquire the entire share capital of the company. Financial details were not disclosed. Other Chinese investors include China’s largest listed medical imaging equipment manufacturer Beijing Wandong Medical Technology Co., Ltd. and home care medical equipment manufacturer Jiangsu Yuyue Science & Technology Development Co., Ltd. Chinese distributor of medical imaging equipment Shanghai Kangda Medical …

Jack Ma-Backed Yunfeng Capital Joins Acquisition Of Italian Biomedical Equipment Firm Esaote appeared first on China Money Network.