Chinese peer-to-peer (P2P) online lending platform Tuandaiwang confirmed it has raised a RMB1.8 million ($262 million) pre-IPO round led by China Minsheng Investment Group (CMIG).
CMIG, one of the largest privately-held investment groups in China, committed RMB700 million in the round, a statement said. Two other domestic investors, Beijing Yisheng Innovation Technology and Beihai...
Hitachi has agreed to sell its Japan-based radiation measurement devices and industrial x-ray CT devices businesses to local private equity firm Nippon Mirae Capital.
MBK Partners has agreed to buy five ocean theme parks in China – four operational and one under construction – from Hong Kong-listed Haichang Ocean Park Holdings for RMB6.53 billion ($1.01 billion).
Trustar Capital, formerly known as CITIC Capital Partners, has invested an undisclosed sum in Intramco, a Europe-based manufacturer of components used in electric vehicle (EV) charging.
Vitalbridge Capital, a China-based venture capital firm that spun out from Trustbridge Partners, has raised $275 million for its second US dollar-denominated fund.