Partial exits for IDG, Jafco as China’s Tarena completes $137m IPO
IDG Capital Partners and Jafco have made partial exits from Tarena International after the Chinese IT training services provider raised $137.7 million through a NASDAQ IPO.
The company sold 15.3 million American Depository Shares (ADS) - comprising 11.5 million new shares and 3.8 million existing shares - at $9 apiece, according to a regulatory filing. The stock opened at...
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