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Aggregated China Business Blogs
Hony Capital Cancels Acquisition Of Chongqing Cygnet Hotpot
Aggregated Source: China Money Network
Beijing-based Chinese private equity firm Hony Capital has canceled a plan to acquire Chinese restaurant chain Chongqing Cygnet Hotpot, due to irreconcilable disagreement on management styles between the two parties, according to a Chinese news report. "Hony and we both want to develop the business of Chongqing Cygnet to a bigger and better scale. Our […]

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