
China’s Sailing Capital supports $400m round for Mobileye
China’s Sailing Capital participated in a $400 million round of funding round for Mobileye, a Netherlands-based operator of driver assistance systems, valuing the company at about $1.5 billion. It is one of five investors that will between them own 27% of Mobileye.
The other participants are said to be BlackRock, Fidelity Management, Wellington Management and car rental company Rent-A-Car. Goldman Sachs and Morgan Stanley served as the placement agents for the transaction,...
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