BRIEF-Guangdong Shirongzhaoye unit to sell 51 pct stake in pharma industry JV for 15.1 mln yuan
* Says its unit will sell entire 51 percent stake in a pharma industry JV for 15.1 million yuan, dropping out of the cooperation project
Dec 2 Alpine Associates Management Inc
* Alpine Associates Management Inc- intends to vote against Privatebancorp's proposed stock and cash acquisition by CIBC
* Alpine Associates Management Inc- hold approximately 1.5 million shares of Privatebancorp, Inc.
* Alpine Associates - "since U.S. Presidential election, it is clear that fundamental backdrop for regional banking industry has dramatically improved"
* Alpine Associates-believe "fair-minded view" of Privatebancorp's valuation suggests standalone value is equal to/higher than price offered by CIBC Source text for Eikon: Further company coverage:
* Says it plans to set up a joint venture (JV) Mobility Finance Cambodia Plc. with SBI holdings Inc, in August, in Cambodia