Haitong-Fortis Private Equity To Exit Baicaowei In Strategic Sale

Haoxiangni Chinese Date Industry Stock Co. Ltd, a Shenzhen-listed Chinese jujube red dates maker, has agreed to acquire private equity-backed Chinese snack food retailer Baicaowei for around RMB960 million (US$147 million), according a disclosure document (in Chinese). The sale will allow Haitong-Fortis Private Equity, a joint venture between Haitong Securities and BNP Paribas Investment Partners, […]


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