M&A - NATURES SUNSHINE PRODUCTS INC
Form Type: 8-K
Filing Date: 2025-07-07
Corporate Action: Acquisition
Type: New
Accession Number: 000162828025034416
Filing Summary: On June 30, 2025, Nature’s Sunshine Products, Inc. entered into share purchase agreements with Fosun Industrial to acquire its interests in two joint ventures: Nature’s Sunshine Hong Kong Limited and Shanghai Nature’s Sunshine Health Products Co., Ltd. This acquisition follows Fosun Pharma's sale of shares that caused it to fall below the 5% ownership threshold. The Company agreed to purchase Fosun Industrial’s interests for $3.9 million for the Hong Kong Joint Venture and $3.1 million for the Shanghai Joint Venture. The acquisition is subject to standard closing conditions, including regulatory approvals from Chinese authorities. The document includes forward-looking statements regarding the completion of these purchases and their potential risks.
Additional details:
Joint Venture Hong Kong Purchase Price: 3.9 million
Joint Venture Shanghai Purchase Price: 3.1 million
Fosun Pharma Shares Sold: 2,854,607
Ownership Threshold: 5%
Purchase Agreement Date: 2025-06-30
Comments
No comments yet. Be the first to comment!