CDH, DCP to invest $70m in China's Sunpower
DCP Capital Partners, a private equity firm established by the former China heads of KKR, has agreed to jointly invest $70 million alongside CDH Investments in Chinese energy industry supplier Sunpower.
The investment will be made via the subscription of convertible bonds priced at S$0.60 per share and due in 2022. Shares in Sunpower, which is listed in Singapore, traded steadily after the announcement...
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