Bain completes exit from China's Gome
Bain Capital has made a full exit from Chinese retailer Gome Electrical Appliances Holding after selling its remaining shares for about HK$1.06 billion ($137 million).
According to a term sheet cited by IFR, Bain planned to sell 922 million shares at HK$1.12-1.15 apiece, which represented 2.5%-5.1% discount to Wednesday's closing price. The private equity firm invested...
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