China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Crestview, CITIC Sell Stackpole To Johnson Electric For $659M
Aggregated Source: China Money Network
New York-based private equity firm Crestview Partners and China's CITIC Capital Partners have reached a deal to sell their portfolio company, Canadian auto parts maker Stackpole International, to Hong Kong-based Johnson Electric Holdings Limited for as much as US$659 million, according to a company announcement. The all-cash transaction values Stackpole at US$608 million on an […]


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