2014-02-10
KKR-Backed Rundong Auto Plans $300M HK IPO
Jiangsu province-based Chinese automobile dealership company Rundong Automobile Group is planning an IPO in Hong Kong to raise as much as $300 million during the first half of 2014, according to media reports. KKR & Co. invested $100 million in Rundong Auto in 2010 for an undisclosed stake. Rundong Auto currently operates more than 50 […]
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