Korea's IMM invests $40m in Chinese water business
IMM Investment, a Korea-based GP that focuses on venture capital, mezzanine and infrastructure deals, has committed $40 million to United Water Corporation, a Chinese water and wastewater treatment provider.
The investment came from IMM’s Green Infrastructure Fund. This is the firm’s seventh infrastructure vehicle with a corpus of KRW200 billion ($163 million). However, United Water represents IMM’s...
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