Chinese courier company Shanghai Yunda Express has inked an 18 billion yuan ($2.7 billion) reverse merger deal with Shenzhen-traded Ningbo Xinhai Electric, the latest delivery firm to use a backdoor listing as a means to tap capital market funds.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
