2013-08-28
TPG To Invest $109M In China's Xinyuan Real Estate
Beijing-based property developer Xinyuan Real Estate Co., Ltd. says the company has entered into an agreement with TPG Capital, in which TPG will invest $108.6 million through the purchase of Xinyuan's convertible notes and common shares. After the deal, TPG will hold approximately 20% of Xinyuan Real Estate on a fully diluted basis. TPG will […]
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