China’s Zoomlion Eyes $481M Industry M&A And Reform Fund

car11Chinese construction machinery manufacturer Zoomlion Heavy Industry Science and Technology Co., Ltd. plans to establish an industry investment vehicle with a fundraising target of RMB3.21 billion (US$481 million) to capitalize on industrial consolidation and state-owned enterprise reforms. China's central and local governments, as well as state-owned enterprises (SOE) and industry associations, have been launching industry […]

Visit 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.

Read the original article: China Money Network