China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
NewQuest To Exit China Hydroelectric In $542.6M Trade Sale
Aggregated Source: China Money Network
Shenzhen Energy Co., Ltd has agreed to acquire an entity that controls China Hydroelectric Corporation for US$542.6 million two years after private equity firm NewQuest Capital Partners initially proposed to take the small Chinese hydroelectric power operator private. Shenzhen Energy, publicly listed in the same city, plans to pay US$492.6 million in equity, as well […]


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.

Original URL: Click here to visit original article
Copyright China Money Network