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China’s HNA Group is in talks with banks to find a buyer for its CWT logistics unit, nine months after it acquired the Singaporean business in a $1 billion deal, several people familiar with the matter told Reuters. The sale, if completed, would be the latest in a series of divestments aimed at… Read more »
China has been considering the sale of Anbang’s overseas real estate and insurance assets, which include Belgian insurer Fidea.
The new fund has already made its first investment in Forest Logistics, a logistics operating platform in China for about $300 million.
Sany’s advisers have reached out to firms Bain Capital, Carlyle Group, CVC Capital Partners and KKR & Co for the deal.
The company raised $133 million in December in its series D fundraising round.
The drugmaker, based in China’s Hubei province, is planning to use the funds to acquire drugs and other pharma products
Caocao Zhuanche, backed by Zhejiang Geely Holding Group, and EvCard, an under state-owned SAIC Motor Corp, are looking to raise funds.
The building in question houses the New York Police Department’s 17th precinct, whose duties include security for Trump Tower.
The round values the electric car startup at nearly 25 billion yuan ($3.6 billion).
This is seen as a latest move to ease foreign investment curbs amid Beijing’s trade dispute with the United States.