China: China XD Plastics closes US$100m equity deal

China XD Plastics has announced the successful closing of a previously announced US$100m investment by Morgan Stanley Private Equity Asia (MSPEA) in the company, an investment that gives MSPEA a significant minority ownership stake. Under the terms of the transaction, MSPEA has purchased redeemable convertible preferred shares of China XD Plastics It’s time to log … Continued

• By Webmaster
• September 29, 2011