Carlyle growth fund to invest $115m in China's JIC Leasing
The Carlyle Group has agreed to commit $115 million from its growth fund to JIC Leasing, the equipment leasing subsidiary of China Jianyin Investment.
The deal, which will close in the second half of the year subject to regulatory approval, will see Carlyle take an 18.5% stake in JIC, according to a release. It comes just days after Carlyle committed...
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