Uni-President launches RMB fund
Uni-President Enterprises Corp., the Taiwanese foodstuffs conglomerate, is forming an RMB private equity fund to invest in China's foods and consumer space, seeking RMB1-3 billion ($146-440 million), according to PRC reports.
Uni-President will apparently commit up to $14.6 million to the new fund. Uni-President is also establishing a fund management JV in Shanghai, 20% owned by local partner Shanghai International Group Asset...
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