Hong Kong-listed Chinese water treatment facility operator Kangda International Environmental Company has acquired a 90% stake in four Chinese sewage treatment plants for US$47 million, according to a company announcement. Kangda International is backed by Baring Private Equity Asia, which acquired a 30% stake in Kangda in 2012 for US$95 million. Kangda acquired shares from […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.