China’s Sailing makes partial exit from Israel-based Mobileye
China’s Sailing Capital has raised $77.5 million by selling a portion of its shares in Mobileye, an Israel-based road accident avoidance technology developer that went public in the US in August last year.
The GP sold about 1.9 million shares at $40 apiece, according to people familiar with the situation. Sailing participated in a $400 million funding round for Mobileye in July 2013, alongside with BlackRock,...
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