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Aggregated China Business Blogs
TPG-Backed Li Ning Plans $218M Share Offering To Support Growth
Aggregated Source: China Money Network
Beijing-based Chinese sporting goods firm Li Ning Co. Ltd., backed by U.S. private equity firm TPG Capital and Singapore's sovereign fund GIC, says it plans to raise between HK$1.5 billion (US$193 million) to HK$1.69 billion (US$218 million) by issuing ordinary shares and convertible securities to the public to support the company's future growth, according to […]

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