Bain Capital to invest $150 million in ASIMCO
Bain Capital has reached an agreement to acquire $150 million of controlling shares in ASIMCO Technologies Ltd., the Beijing-based manufacture of automotive components made famous in the book 'Mr. China', from existing shareholders, including some private equity investors.
The private equity firm is buying the portion of stake from a consortium of 30 shareholders, including Key Capital Partners, the PE arm of Cleveland-based financial services firm KeyCorp, and the private...
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