Topic: Merchants Group Inc.

China Merchants beat out CHAMP, Pacific Equity for pallet-maker

Alternative Assets Network - 587 days ago
Australian private equity firms CHAMP and Pacific Equity have been beaten to the punch for Loscam, a pallet-maker owned by Affinity Equity Partners, by Chinese state conglomerate China Merchants Group, with a deal value estimated at up to AUS$700m ($587m). Loscam ...