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Aggregated China Business Blogs
RRJ Capital Exits From China's Tsingda For 3X Return
Aggregated Source: China Money Network
Asia-focused private equity firm RRJ Capital has made a near threefold return on its investment in Chinese education O2O (online-to-offline) company Tsingda eEdu Corporation, FinanceAsia reported. RRJ Capital sold its roughly 20% stake in Tsingda for about US$140 million to an unnamed Chinese trust company in a sale that values Tsingda at around US$700 million. […]


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