Go Scale sets up PE exit of China's Lattice Power
Go Scale Capital has led a transaction whereby a majority stake in its Chinese portfolio company, Lattice Power, has been sold to Shunfeng International Clean Energy (SFCE). The sellers will receive HK$2.04 billion ($263 million) worth of shares in Hong Kong-listed SFCE.
Go Scale is an investment platform sponsored by GSR Ventures and Oak Investment Partners. Last month, it participated in the acquisition of a majority stake in Lumileds, the LED components and automotive...
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