KKR to put another $40m into United Envirotech
KKR has agreed to invest $40 million in United Envirotech (UEL), a Chinese water treatment and recycling solution provider. The private equity firm previously subscribed to $113.8 million convertible bonds issued by UEL in October 2011.
UEL, which listed on Singapore's main board in 2004 and then in Taiwan six years later, provides engineering services to municipal and industrial waste water treatment projects. It also operates a portfolio...
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