China's Yunfeng, TF Capital back take-private deal of biotech firm CBMG

China's Yunfeng, TF Capital back take-private deal of biotech firm CBMG

Source: CBMG LinkedIn

Nasdaq-listed US biopharmaceutical firm Cellular Biomedicine Group (CBMG) on Wednesday entered into a privatisation agreement with a consortium of investors including Jack Ma’s Yunfeng Capital and China-focused TF Capital.