Hony Capital buys $36m stake in Chinasoft International
Hony Capital has agreed to purchase a $36 million stake in Chinasoft International, an IT application developer. The deal will see Hony recommend Chinasoft as an IT services provider to its portfolio companies.
The Chinese private equity firm, which has over $4.4 billion in assets under management and focuses on the construction, healthcare and consumer sectors, will subscribe to 150 shares in Chinasoft, which...
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