Harbin Electric’s CEO and Baring Private Equity Asia Group are proposing taking the Chinese electric motor maker private with a bid of $24 per share, or $752.2 million. It’s a notably rare instance of a private equity-backed buyout.
Continue reading China’s Harbin Electric Sparks a Buyout Bid From Its CEO
China’s Harbin Electric Sparks a Buyout Bid From Its CEO originally appeared on DailyFinance on Mon, 11 Oct 2010 12:30:00.
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