Warburg Pincus, Baosteel in $488m industrial gases deal
Warburg Pincus and a subsidiary of Chinese steel producer Shanghai Baosteel Group have agreed to buy industrial gas assets from Henan Jinkai Chemical Investment Holding for RMB3 billion ($488 million).
The deal is part of a strategic partnership between the private equity firm and Shanghai Baosteel Gases to jointly explore and develop projects in the industrial gases space. Baosteel Gases operates through...
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