Carlyle Buys Stake in Chinese Health-Care Firm for $260 Million

Carlyle Buys Stake in Chinese Health-Care Firm for $260 Million

Carlyle Group agreed to invest 1.78 billion yuan ($260 million) to buy a minority stake in Shenzhen Salubris Pharmaceutical Co., bringing its announced investment in health-care companies in Asia this year to almost $1 billion. The U.S. fund will acquire a 5% stake in...
Bain-backed ChinData readying U.S. IPO of up to $400m

Bain-backed ChinData readying U.S. IPO of up to $400m

Chinese data centre owner ChinData Group is preparing to file confidentially for a U.S. IPO to raise up to $400 million as it becomes the latest mainland firm to seek a New York listing, two sources with direct knowledge of the matter said. The Bain Capital backed...