MicroPort CardioFlow to acquire 51% stake in La Ronda for USD 20M

MicroPort CardioFlow Medtech Co., Ltd. agreed to acquire a 51% stake in La Ronda, a Shanghai-based manufacturer of left atrial appendage devices, for RMB 141 million (USD 20 million). The announcement was made on 2 January 2024.

“MicroPort CardioFlow Medtech Co., Ltd... has announced that a conditional agreement has been reached to acquire a 51% stake in fellow Chinese firm La Ronda for a cash consideration of RMB 141 million (USD 20 million).”flcube.com

• 1 source
• flcube.comMicroPort CardioFlow Medtech to Acquire Controlling Stake in La Ronda for USD 20 Million - Insight, China's Pharmaceutical IndustryFineline CubeJan 2, 2024

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