Hopu investee Winsway gets $120 million pre-IPO funding
Winsway, a Beijing-headquartered coking coal logistics company invested by Hopu Investment Management, has raised $120 million in pre-IPO investments, ahead of its roughly $800 million stock offering, according to a term sheet.
The investment group has agreed to buy a $110 million slice of Winsway, alongside investment holding company Silver Grant and state-owned metals trader China Minmetals Corp. Winsway reportedly plans to...
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