Dong Cao
Stories by Dong Cao
Nestle shortlists bidders for Yinlu food unit in China
PE firms FountainVest, Affinity Equity Partners and Citic Private Equity have been invited to participate.
EF Education First pauses $2b sale of China unit
The sale process is in limbo as bidders struggle to assess the impact of the coronavirus outbreak on its operations.
SoftBank-backed car trader Chehaoduo said to explore funding options
The company is said to be studying possibilities including equity fundraising and asset-backed securities issuance.
HK-based City’super draws interest from Chinese retail giants
Suitors include China Resources Group and Yonghui Superstores Co., among others.
Australian unicorn Airwallex said to seek $200m in fresh funding
The company is understood to be valued at about $1.5 billion pre-money.
