# Jiangsu Yuyue Medical Equipment & Supply to acquire 61.6% stake in medical device firm

Chinese medical device company Jiangsu Yuyue Medical Equipment & Supply has announced its intention to acquire a 61.6% stake in another medical device firm for CNY862.7 million ($125.99 million).

- Type: Acquisition
- Announced: 2016-11-17
- Where: China
- Value: $126.0M (862.7M CNY)
- Status: announced
- Products: medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Jiangsu Yuyue Medical Equipment & Supply](https://endata.com/companies/20100.md) (acquirer)

## Sources

- [medicaldevice-network.com](https://www.medicaldevice-network.com/marketdata/newsmas-this-week-sfs-group-bionical-5671211/), 2016-11-17: "Chinese medical device company, Jiangsu Yuyue Medical Equipment & Supply, has announced its intention to acquire 61.6% stake in another medical device firm for CNY862.7m ($125.99m)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.