Industry
Hanwha Chemical to sell its pharmaceutical unit
March 19, 2014
Hanwha Chemical Co., a unit of South Korea's Hanwha Group, will sell its stake in its wholly owned pharmaceutical unit Dreampharma Corp., company and industry sources said Wednesday.Hanwha Chemical picked Citigroup Global Markets Korea Securities Ltd. as a manager of the deal, the sources said."We are pushing ahead with the sale of Dreampharam, but there is no progress as it is in an early stage," said an official at Hanwha Chemical, declining to give his name.Hanwha Chemical is going ahead with